Question: 10. Cashflow patterns and the modified rate of return calculation Henderson Manufacturing Inc. is analyzing a project with the following projected cash flows: Year Cash


10. Cashflow patterns and the modified rate of return calculation Henderson Manufacturing Inc. is analyzing a project with the following projected cash flows: Year Cash Flow 0 -$1,324,800 1 300,000 2 450,000 546,000 3 4 360,000 This project exhibits cash flows. Henderson's desired rate of return is 7.00%. Given the cash flows expected from the company's new project, compute the project's anticipated modified internal rate of return (MIRR). (Hint: Round all dollar amounts to the nearest whole dollar, and your final MIRR value to two decimal places.) O 7.11% O 7.53% O 8.37% O 9.21%
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