Question: Compute the MIRR statistic using the combination approach for Project X. The appropriate cost of capital is 9 percent. Time 0 1 2 3 4

Compute the MIRR statistic using the combination approach for Project X. The appropriate cost of capital is 9 percent.

Time 0 1 2 3 4 5

Cash Flow -$1,000 $300 $2,000 -$1,148 $300 -$100

A. 9.85%

B. 11.35%

C.13.01%

D.13.76%

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