You are analyzing two different investments and will present your findings to company executives. Both projects have cash flows that alternate between positive and negative. Which budgeting method should you use to evaluate the projects?

Group of answer choices

Modified Internal Rate of Return.

Net Present Value.

Internal Rate of Return.

Payback period method.

A project has a finance rate of 8% and a reinvestment rate of 10%. The project requires an initial investment of $10,000. In year one, it will have cash flows of $12,000; year two, -$5000; year three, $8000. What is the project's MIRR?

Group of answer choices

5.8%

7.3%

18.4%

12.1%