Question: A projects initial cost is $2,000 and its cash flows over the 4 years are $700, $700, $700 and -$300. What is the project's modified

A projects initial cost is $2,000 and its cash flows over the 4 years are $700, $700, $700 and -$300. What is the project's modified internal rate
return using the combination approach if the required rate of return is 13.50%?

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