Question: Fernando Designs is evaluating a restructuring project that requires initial investment of $80,000 but has cash flow of $30,000 for 4 consecutive years. If the

Fernando Designs is evaluating a restructuring project that requires initial investment of $80,000 but has cash flow of $30,000 for 4 consecutive years. If the firm's wacc is 7%, what is the project's modified internal rate of return? 13.59% 10.73% 12.24% 15.53%

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