9. Cash flow patterns and the modified internal rate of return calculation Wallan Manufacturing Inc. is analyzing a project with the following projected cash flows: Year 0 Cash Flow -51,740,000 375,000 600,000 1 3 720,000 1 480,000 This project exhibits cash flows Wallace's certired rate of return is 5.00%. Given the cash flows expected from the company's new project, compute the project's anticipated modified Internal rate of return (MIRR). (Hint: Round all dollar amounts to the nearest whole dollar, and your final MIRR value to two decimal places) 6.079 6.455 759 8.35 Watch me welcomervative and siled projects based solely on the project's modified internal rate of return (MIRR), Should the Company managers coopt the independent) ON You Velitarned that the analyst who come the projects projected cash flow information used incorrect data. You Ve veecamined the source data and determined that the revised anal cash flow information should be Year Cash Flow 31312500 350.000 400.000 0.000 220.000 Hint If wedererate return is 5.00 then the projects revised modified internal rate of turn (HERR) should be dants to the nearest whole dollar, and your final value to two decimal :) Year 0 Cash Flow $1,317,500 350,000 1 2 -400,000 480,000 3 4 320,000 (Hint: Again, It Wallace's desired rate of return is 5.00%, then the project's revised modified internal rate of return (MIRR) should be Round all dollar amounts to the nearest whole dollar, and your final MIRR value to two decimal places.) 11, again, Wallace's managers continue to exhibit their general conservatism and select their investment projects based only on the project's MIRR, should they accept the project? NO Yes