$1.$ The combination approach $\_\_\_\_\_.$

discounts negative cash flow of a project back to the first day but does not reinvest positive cash flow

discounts negative cash flow of a project at the end of the first year while reinvesting positive cash flow

does not discount negative cash flow of a project but does reinvest positive cash flow

discounts negative cash flow of a project back to the first day while reinvesting positive cash flow

$2.$ What are the three approaches to the modified internal rate of return?

Discounting, reinvestment and combination

Negative cash flows, positive cash flows and combination

Payback method, discount and reinvestment

Modified internal rate of return, discounting and combination

$3.$ What is the internal rate of return?

A performance metric in the form of an interest rate that measures the attractiveness of a business investment

The cost of all financial projects

An amortization schedule

The annual percentage rate

$4.$ Many business leaders use the modified internal rate of return over the internal rate of return $\_\_\_\_\_.$

because it's easier to calculate

because they're looking for an estimate rather than a precise calculation

because the MIRR is the industry standard

because of the accuracy and realistic outcome of each calculation

$5.$ What is the modified internal rate of return?

An approach to discounting

The finance rate of a project

The opposite of amortizing a loan

A reinvestment rate to account for positive cash flows reinvested into a project