You are considering an investment project with the cash flows of -500 (the initial cash...

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Accounting

You are considering an investment project with the cash flows of -500 (the initial cash flow), 700 (cash flow at year 1), -100 (cash flow at year 2). Given the discount rate of 10%, compute the Modified Internal Rate of Return (MIRR) using the reinvestment approach.

13.99%

17.38%

11.39%

15.76%

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