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A project has projected cash flows of $148,500,$32,800,$64,200,$7,500 and $87,300 for Years 0 to 4 , respectively. Should this project be accepted based on the

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A project has projected cash flows of $148,500,$32,800,$64,200,$7,500 and $87,300 for Years 0 to 4 , respectively. Should this project be accepted based on the modified internal rate of return if both the discount rate and the reinvestment rate are 10.5 percent? Why or why not

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