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Home & More is considering a project with cash flows of -$368,000, $133,500,- $35,600, $244,700, and $258,000 for Years 0 to 4, respectively. Should
Home & More is considering a project with cash flows of -$368,000, $133,500,- $35,600, $244,700, and $258,000 for Years 0 to 4, respectively. Should this project be accepted based on the modified internal rate of return if the discount rate is 14.6 percent? Why or why not? Yes; The MIRR is 16.96 percent. No; The MIRR is 14.78 percent. Yes; The MIRR is 14.78 percent. No; The MIRR is 16.96 percent. Yes; The MIRR is 12.91 percent.
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