$9-11$ What is the internal rate of return $($IRR$)$ for a project

that costs $$5,500$ and is expected to generate

$$1,800$ per year for the next four years? If the firm's

required rate of return is $8$ percent, what is the proj$-$

ect's modified internal rate of return $($MIRR$)?$ Should

the firm purchase the project?

$9-12$ Rascal Clothing is evaluating a new weaving

machine that costs $$90,000.$ It is expected that the

machine will generate after$-$tax cash flows equal

to $$54,000$ per year for two years. Rascal's required

rate of return is $9$ percent. Compute the project's

$($a$)$ internal rate of return $($IRR$)$ and $($b$)$ modified

internal rate of return $($MIRR$).($c$)$ Should the project

be purchased?

$9-13$ Compute both the traditional payback period $($PB$)$

and the discounted payback period $($DPB$)$ for a proj$-$

ect that costs $$270,000$ if it is expected to generate

$$75,000$ per year for five years. The firm's required

rate of return is $11$ percent. Should the project

be purchased?

$9-14$ Compute the traditional payback period $($PB$)$ for

a project that costs $$64,000$ if it is expected to

generate $$16,000$ per year for six years? If the firm's

required rate of return is $12$ percent, what is the

project's discounted payback period $($DPB$)?$ Should

the project be purchased?

$9-15$ Komfy Karz is evaluating a project that costs

$$365,000$ and is expected to generate $$260,000$ and

$$175,000,$ respectively, during the next two years. If

Komfy's required rate of return is $13$ percent, what

is the project's $($a$)$ net present value, $($b$)$ internal

rate of return $($IRR$),$ and $($c$)$ modified internal rate of

return $($MIRR$)?$