The project modified internal rate of return

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Reference no: EM131192528

Modified Internal Rate of Return (MIRR) Adolphus Logistics has a weighted average cost of capital of 10 percent. The company is considering a project with the following expected cash flows: Year Project Cash Flow 0 –$611 million 1 372 million 2 235 million 3 202 million 4 –61 million The project is of similar risk to the average of Adolphus's other operating assets. The project's modified internal rate of return (MIRR) is closest to:

Reference no: EM131192528

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