You've just learned that the analyst who assembled the project's projected cash flow information used incorrect data. You've reexamined the source

data and determined that the revised annual cash flow information should be:

Again, if Henderson's desired rate of return is $7\mathrm{.}00\%,$ then the project's revised modified internal rate of return $($MIRR$)$ should be

$($Hint: Round all dollar amounts to the nearest whole dollar, and your final MIRR value to two decimal places.$)$

If$,$ again, Henderson's managers continue to exhibit their general conservatism and select their investment projects based onlv on the project's MIRR,

should they accept the project?

No

Yes