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1a. Project A requires an initial outlay at t = 0 of $5,000, and its cash flows are the same in Years 1 through 10.

1a. Project A requires an initial outlay at t = 0 of $5,000, and its cash flows are the same in Years 1 through 10. Its IRR is 13%, and its WACC is 8%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places.

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1b. Project B has annual cash flows of $5,000 for the next 10 years and then $8,000 each year for the following 10 years. The IRR of this 20-year project is 13.42%. If the firm's WACC is 10%, what is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.

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