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Internal rate of return and modified internal rate of return. Lepton Industries has three potential projects, all with an initial cost of $1,500,000. Given the

Internal rate of return and modified internal rate of return. Lepton Industries has three potential projects, all with an initial cost of $1,500,000. Given the discount rate and the future cash flows of each project in the following table, what are the IRRs and MIRRs of the three projects for Lepton Industries?image text in transcribed

X i Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) Cash Flow Year 1 Year 2 Year 3 Project Q $400,000 $400,000 $400,000 $400,000 $400,000 8% Project R $500,000 $500,000 $500,000 $500,000 $500,000 13% Project S $800,000 $600,000 $400,000 $200,000 $0 17% Year 4 Year 5 Discount rate Print Done

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