A Project Has a Series of Non-Normal Cash Flows That

Multiple Choice

A project has a series of non-normal cash flows that result in a terminal value (TV) of $55,000 in 9 years.If the project's initial costs are $22,500,what is your recommendation regarding this project to management (accept/reject) ?

A) accept as the MIRR is 20%
B) reject as the MIRR is greater than zero
C) accept as the terminal value is greater than the present value of the costs
D) accept as the MIRR is 10.44%