You have been asked to analyse a capital investment proposal.The project's cost is $2,775,000.Cash inflows are projected to be $925,000 in Year 1;$1,000,000 in Year 2;$1,000,000 in Year 3;$1,000,000 in Year 4;and $1,225,000 in Year 5.Assume that your firm discounts capital projects at 15.5%.What is the project's MIRR?
A) 12.62%
B) 10.44%
C) 16.73%
D) 19.99%
Correct Answer:
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