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A project has the following after - tax total ( or net ) cash flows. _ _ _ _ _ _ _ _ _ _

A project has the following after-tax total (or net) cash flows.
____________________________________
Year After-tax total (or net) cash flow_
1 $500,000
2600,000
3800,000
41,000,000
______________________________________
The required rate of return on the project is 13 percent. The initial investment (or initial cost or initial outlay) of the project is $1,500,000.
a) Find the net present value (NPV) of the project.
b) Find the profitability index (PI) of the project.
c) Calculate the modified internal rate of return (MIRR) of the project.

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