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Crystal Industries is considering an expansion project with cash flows of -$287,500; $107,500; $196,100; $104,500; and -$92,700 for Years 0 through Year 4. Should the

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Crystal Industries is considering an expansion project with cash flows of -$287,500; $107,500; $196,100; $104,500; and -$92,700 for Years 0 through Year 4. Should the firm proceed with the expansion based on the MIRR approach if the firm's WACC is 13.4% Why or Why not? (SHOW MIRR CALCULATION) A) No; The MIRR is 9.13% B) No; The MIRR is 14.45% C) Yes, The MIRR IS 9.13% D) No; The MIRR is 11.23% E) Yes, The MIRR is 14.45%

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