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Answer the 3 parts please! MIRR and NPV Your company is considering two mutually exclusive projects, X and Y, whose costs and cash flows are
Answer the 3 parts please!
MIRR and NPV Your company is considering two mutually exclusive projects, X and Y, whose costs and cash flows are shown below: Year Y 0 -$5,000 -$5,000 1 1,000 4,500 2 1,500 1,500 3 2,000 1,000 4 4,000 500 The projects are equally risky, and their cost of capital is 12%You must make a recommendation, and you must base it on the modified IRA (MIRR). Calculate the two projects MIRRS. Do not round intermediate calculations. Round your answers to two decimal places Project X: Project 95 Which project has the higher MIRR? Project has the higher MIRR Step by Step Solution
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