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

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% ? Multiple Choice 24.71% 5.68% 6.13% 4.88%

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