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Blue Llama Mining Company is analyzing a project that requires an initial investment of $600,000. The project's expected cash flows are: Blue Llama Mining Company's

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Blue Llama Mining Company is analyzing a project that requires an initial investment of $600,000. The project's expected cash flows are: Blue Llama Mining Company's WACC is 9%, and the project has the same risk as the firm's average project. Calculate this project's modified internal rate of return (MIRR): 14.89% 12.66% 17.87% 13.40% If Blue Llama Mining Company's managers select projects based on the MIRR criterion, they should this independent project

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