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

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