Question: Project K requires an initial outlay at t = 0 of $85,000, its expected cash infiows are $42,000 for three years, and its WACC is

Project K requires an initial outlay at t = 0 of $85,000, its expected cash infiows are $42,000 for three years, and its WACC is 8%. The MIRR (modified internal rate of return) for this project is: 18% 17.8% 16.5% 17% 20%

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