The Taxi Co.is evaluating a project with the following cash flows: 
The company uses an 8 percent interest rate on all of its projects.What is the MIRR using the discounted approach?
A) 13.25 percent
B) 14.08 percent
C) 15.40 percent
D) 16.13 percent
E) 19.23 percent
Correct Answer:
Verified
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