25. ABC Technologies has a target capital structure which is 40 percent debt and 60 percent equity. The equity will be financed with retained earnings. The company's bonds have a yield to maturity of 10 percent. The company's stock has a beta = 1.1. The risk-free rate is 6 percent, the market risk premium is 5 percent, and the tax rate is 30 percent. The company is considering a project with the following cash flows: Project A Year Cash Flow -$50,000 35.000 43.000 60.000 -40,000 = = What is the project's modified internal rate of return (MIRR)? A. 16.46% B. 17.46% C. 18.46% D. 19.52% E. 20.52%