What is the modified internal rate of return financial, Financial Management

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What is the modified internal rate of return financial

CF0 -31211

CF1 40100

CF2 3200

CF3 12300

CF4 25500

CF5 6400

CF6 7800

Investor's Rate 9

Given the above cash flows and investor's required rate of return, what is the Modified Internal Rate of Return (Financial Manager's Rate of Return)? (Express your answers as XX.XX percent without the %. For example if your calculator says 12.24 then enter that. If you use Excel and your answer in decimal is .1224, enter 12.24)

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