core: 0 of 1 pt 9-15 (similar to) MIRR unequal lives. Grady Enterprises is looking at two project opportunities for a parcel of land the company anerty own. The test prodavat sports facility. The projected cash flow of the restaurant is an initial cost of $1,400,000 with cash flow over the needs years 370 000 (years three through five), and $1,800,000 (year six), at which point Grady plans to sell the restaurant. The parti di hate weg cash flows over the next four years of $350,000 (years one through three) and 53,190,000 [year four at which point ya restaurant is 10.5% and the appropriate discount rate for the sports facility is 115%. What are the MRR The Gray Enterper unequal lives? Do the MIRR adjusted for unequat lives change the decision based on the MIRRE? Het Tube al cash for the same If the appropriate reinvestment rate for the restaurant is 10,5%, what is the MRR of de restaurant project st % (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer DLL O 6 parts remaining OK -15 (similar to) RR unequal lives Grady Enterprises is looking at two project opportunities for a parcel of land the company currently owns. The first project is a restaurant and the second oject is a sports facility. The projected cash flow of the restaurant is an initial cost of $1.460.000 with cash flows over the next six years of 5190000 [year one) $200.000 vo) $340,000 years three through five), and $1,800,000 year six), at which point Grady plans to sad the restaurant . The sports facility has the following cash flows an initial care discount rate for the restaurant is 10.5% and the appropriate discount rate for the sports facility is 11 595 What are the MIRRs for me Grady Enterprises projects? Wat MIRRs when you adjust for the unequal lives? Do the MIRR adjusted for unequal lives change the declion based on the MIRRS? Hol Tako al caso Rows to ne save ending permis as the longest project If the appropriate reinvestment rate for the restaurant s 10.5%, what is the MIRR of the restaurant project % (Round to two decimal places) i 2 U % 6 A 5. 3 R. K