Find the mirr for the company project

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Question: 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 protect at an annual rate of 14.19 percent. The initial outlay for the project is$415, 800. Find the MIRR for the company's project. The project will produce the following after-tax cash inflows of

Year 1: $236,000

Year 2: $196,900

Year 3: $176,800

Year 4: $233,300

Round the answer to two decimal places in percentage form.

Reference no: EM131990163

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