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You are given the following cash flow information for Project A: Year TV Inflows PV Outflows -$150,000.00 0 Project A -$150,000.00 $80,000.00 -$25,000.00 $50,000.00 $80,000.00
You are given the following cash flow information for Project A: Year TV Inflows PV Outflows -$150,000.00 0 Project A -$150,000.00 $80,000.00 -$25,000.00 $50,000.00 $80,000.00 5 -$30,000.00 6 $75,000.00 Totals $75,000.00 Now assume that the project's cost of capital is 16.0 percent, but that its true reinvestment rate is 23.0 percent. Given this information, determine the project's modified internal rate of return (MIRR). 18.16% 18.81% 20.11% O 17.51% O 19.46% 1 2 3 G 4
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