Computer Consultants Inc

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.

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