Question: A project will cost $67,000, its expected cash inflows are $9,900 per year for 8 years, and its WACC is 5%. What is the projects

A project will cost $67,000, its expected cash inflows are $9,900 per year for 8 years, and its WACC is 5%. What is the projects MIRR? (Using the combination approach or the reinvestment approach will yield the same answer in this particular problem.) **Assume cash inflows are reinvested at the WACC**.

Select one:

A. 4.15%

B. 4.40%

C. 4.86%

D. 5.00%

E. 5.22%

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