Drop downs:

1) Conventional or unconventional

2)

-8.52

-6.31

-5.99

-5.36

10. Cashflow patterns and the modified rate of return calculation Jamison Manufacturing Inc. is analyzing a project with the following projected cash flows: Year Cash Flow 0 $1,600,000 350,000 550,000 660,000 4 440,000 This project exhibits cash flows. Jamison's desired rate of return is 8.00%. Given the cash flows expected from the company's new project, compute the project's anticipated modified internal rate of return (MIRR). Hint: Round all dollar amounts to the nearest whole dollar, and your final MIRR value to two decimal places.) o 6.98% 7.85% o 8.72% 10.46% Jamison's managers are generally conservative, and select projects based solely on the project's modified internal rate of return (MIRR). Should the company's managers accept this independent project? O No O Yes