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(Calculating MiRR) OTR Trucking Compary runs a feet of longhaul trucks and has recently expanded into the Midwest, where it has docided io buid a

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(Calculating MiRR) OTR Trucking Compary runs a feet of longhaul trucks and has recently expanded into the Midwest, where it has docided io buid a mairiterkince facility. This project will require an initial cash outioy of $19 million and will generate annual cash inflows of $4.8 million per yoar for Yoara 1 through 3 in Year 4 , the project will provide a net negative cash flow of $5.5 milison due to anticipated expansion of and repairs to the facility. Duting Years 5 theigh 10 , the project wilf provide eash inflowe of 51,6 million per year. a. Calculate the project's NPV and IRR where the descount rate is 11.2 percent, is the project a wortiwitice investment bassed on these two measures? Why or why not? b. Calculate the project's MIRR. Is the project a worthwitile ifvestment based on this measure? Why or why not? a. The project's NPV where the discount rate is 11.2% is $ million. (Round to two decimal places.)

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