Computer Consultants Inc A) 932%
B) 10

Computer Consultants Inc. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's MIRR? Note that a project's MIRR can be less than the cost of capital (and even negative) , in which case it will be rejected.
$\begin{array} { l c c c c } &r = 10.00 \%\\\text { Year } & 0 & 1 & 2 & 3 \\\text { Cash Elows } & - \$ 1,000 & \$ 400 & \$ 400& \$ 450\end{array}$

A) 9.32%
B) 10.35%
C) 11.50%
D) 12.78%
E) 14.20%

Correct Answer:

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