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Find the mirr for the companys project the project will

Marathon Technologies, INC is using the modified internal rate of return MIRR when evaluating projects. The company is able to reinvest cash flows received from the project at an annual rate of 8.94 percent. The initial outlay for the project is $405900. Find the MIRR for the company's project. The project will produce the following after-tax cash inflows of:

Year 1 - 228800

Year 2 - 211900

Year 3 - 159300

Year 4 - 231900

Round the answer to two decimal places in percentage form.

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Finance Basics: Find the mirr for the companys project the project will

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