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Assume that the firms cost of capital (WACC) is 19% and that the expected cash flows for Project E are as follows: Time Project E

Assume that the firms cost of capital (WACC) is 19% and that the expected cash flows for Project E are as follows:

Time Project E
0 -$15,000
1 $8,000
2 $8,600
3 $3,200
4 $5,800
5 $8,900

What is Project Es internal rate of return (IRR) and modified internal rate of return (MIRR)?

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28.34% IRR; 15.20% MIRR

37.63% IRR; 15.20% MIRR

28.34% IRR; 27.66% MIRR

37.63% IRR; 27.66% MIRR

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