1- Suppose that the price per share of a company's 5.000.000 outstanding number of shares is exactly $100. But, the valuer of this company predicts that the shares are undervalued by $10. The market value of its interest-bearing debt is estimated at $400 mn, and the average after-tax yield on these liabilities is 10% per year. Tax rate is assumed to be 25%. Assume that the stock of the company is currently paying a dividend of $10 per year. The dividend growth rate is projected to be 10% per year. The company has three independent investment alternatives ahead. The cash flows (in millions of $) associated with these investments are presented in the following table. With respect to these cash flows, what is the MIRR of Investment C? Period Investment A Investment B Investment C 0 1 2 3 4 5 -100 0 0 0 0 200 -300 0 0 0 0 600 -200 0 0 0 0 400 14,67% 14,77% 14,87% 14,97% 1- Suppose that the price per share of a company's 5.000.000 outstanding number of shares is exactly $100. But, the valuer of this company predicts that the shares are undervalued by $10. The market value of its interest-bearing debt is estimated at $400 mn, and the average after-tax yield on these liabilities is 10% per year. Tax rate is assumed to be 25%. Assume that the stock of the company is currently paying a dividend of $10 per year. The dividend growth rate is projected to be 10% per year. The company has three independent investment alternatives ahead. The cash flows (in millions of $) associated with these investments are presented in the following table. With respect to these cash flows, what is the MIRR of Investment C? Period Investment A Investment B Investment C 0 1 2 3 4 5 -100 0 0 0 0 200 -300 0 0 0 0 600 -200 0 0 0 0 400 14,67% 14,77% 14,87% 14,97%