a question in CMA part 3, thanks!

snowflower

A project requires an initial cash investment at its inception of $10,000, and no other cash outflows are necessary.  Cash inflows from the project over its 3-year life are $6,000 at the end of the first year, $5,000 at the end of the second year, and $2,000 at the end of the third year.  The future value interest factors for an amount of $1 at the firm's desired rate of return of 8% are
period
1. 1.08;
2. 1.166
3. 1.26
4. 1.36

the present value interest factors for an amount of $1 for three periods are as follows:
8%.  .794
9%:  .772
10%:  .751
12%:  .712
14%:  .675

The modified IRR for the project is closets to
A. 10%
B. 12%
C. 8%
D. 9%

大家说说，我怎么算出来是14%呢？！

shirleysun

我也这么觉得。。。答案是？

lavenderkhoo

是B吗?