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all 5. Mateo Salmon Inc., a large salmon canning firm operating out of Chile, has a new automated production line project it is considering.

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all 5. Mateo Salmon Inc., a large salmon canning firm operating out of Chile, has a new automated production line project it is considering. The project has a cost of $250,000 and is expected to provide after-tax annual cash flows of $54,600 for 7 years. The firm's management is very confident with the traditional IRR reinvestment assumption and prefers a modified IRR approach. The cost of capital for the firm is 10%. What is the new project's MIRR?

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