Miller and Sons Is Evaluating a Project with the Following

Multiple Choice

Miller and Sons is evaluating a project with the following cash flows: The company uses a 10 percent interest rate on all of its projects. What is the MIRR of the project using the reinvestment approach? The discounting approach? The combination approach?

A) 8.46 percent; 7.29 percent; 8.59 percent
B) 8.46 percent; 7.38 percent; 8.61 percent
C) 8.54 percent; 7.29 percent; 8.61 percent
D) 8.54 percent; 7.38 percent; 8.59 percent
E) 8.54 percent; 8.23 percent; 8.61 percent