Question: Please Show Work Winston Clinic is evaluating a project that costs $52,125 and has expected net cash inflows of $12,000 per year for eight years.

Please Show Work

Winston Clinic is evaluating a project that costs $52,125 and has expected net cash inflows of $12,000 per year for eight years. The first inflow occurs one year after the cost outflow, and the project has a cost of capital of 12%. What is the projects MIRR?

Choice A: 13.9%

Choice B: 14.5%

Choice C: 5.80%

Choice D: 22.1%

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