Question: Hi I have issues with the below problem Drinkable Water Systems is analyzing a project with projected cash inflows of $127,400, $209,300, and -$46,000 for

Hi I have issues with the below problem

Drinkable Water Systems is analyzing a project with projected cash inflows of $127,400,

$209,300, and -$46,000 for Years 1 to 3, respectively. The project costs $251,000 and has been

assigned a discount rate of 12.5 percent. Should this project be accepted based on the discounting

approach to the modified internal rate of return? Why or why not?

A) Yes; The MIRR is 11.85 percent.

B) No; The MIRR is 11.33 percent.

C) Yes; The MIRR is 11.33 percent.

D) No; The MIRR is 11.68 percent.

E) No; The MIRR is 11.85 percent.

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