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18 Question 29 (3.5 points) Your company has an opportunity to invest in a project that is expected to result in after-tax cash flows of

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18 Question 29 (3.5 points) Your company has an opportunity to invest in a project that is expected to result in after-tax cash flows of $20,000 the first year, $22,000 the second year, $25,000 the third year, $28,000 the fourth year, $32,000 the fifth year, and $38,000 the sixth year. The project would cost the firm $84,000. If the firm's cost of capital is 8%, what is the modified internal rate of return? 21 24 12.31% 27 20.64% 14.31% 30 15.17% 17.58%

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