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General Motors estimates that its required rate of return is 18 percent. The company is considering two mutually exclusive projects whose after-tax cash flows are
General Motors estimates that its required rate of return is 18 percent. The company is considering two mutually exclusive projects whose after-tax cash flows are as follows: What is the modified internal rate of return (MIRR) of each project? MIRRS =40.55%; MIRRL =6.35%. MIRRS =38.10%; MIRRL =9.73% MIRRS =40.96%; MIRRL =10.25% MIRRS =47.11%; MIRRL =7.58% MIRRS =27.45%; MIRRL =11.78%
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