Computer Consultants Inc A) 932%
B) 10

Multiple Choice

Computer Consultants Inc.is considering a project that has the following cash flow and cost of capital (r) data.What is the project's MIRR? Note that a project's MIRR can be less than the cost of capital (and even negative) , in which case it will be rejected. $$\begin{array} { l c c c c } \mathrm { r } = 10.00 \% \\\text { Year } & 0 & 1 & 2 & 3 \\\hline \text { Cash flows } & - \$ 1,000 & \$ 450 & \$ 450 & \$ 450\end{array}$$

A) 9.32%
B) 10.35%
C) 11.50%
D) 12.78%
E) 14.20%