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MIRR unequal lives Singing Fish Fine Foods has $2,060 000 for capital investments this year and is considering two potential projects for the funds. Project 1 is updating the store's dell section for additional food service. The estimated after-tax cash flow of this project is $630,000 per year for the next five years, Project 2 is updating the store's wine section The estimated annual after-tax cash flow for this project is $490.000 for the next six years. The appropriate discount rate for the dell expansion is 93% and the appropriate discount rate for the wine section is 92% What are the MIRRS for the Singing Fish Fine Foods projects? What are the MIRRs when you adjust for unequal lives? Do the MIRR adjusted for unequat lives change the decision based on MIRRS? Hint Take all cash flows to the same ending period as the longest project in the appropriate reinvestment rate for the deli expansion is 93%, what is the MIRR of the de expansion? % (Round to two decimal places) if the appropriate reinvestment rate for the wine section is 92% what is the MIRR of the wine section? % (Round to two decimal places) Based on the MIRR, Singing Fish Fine Foods should pick the project (select from the drop-down menu.) What is the MIRR adjusted for unequal lives of the dell expansion? [% (Round to two decimal places) What is the MIRR adjusted for unequal lives of the wine section? W 1% (Round to two decimal places) V project. (Select from the drop-down menu. Based on the adjusted MIRR. Singing Fish Fine Foods should pick the Does the decision change? (Select from the drop down menu)