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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?
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 DoneStep by Step Solution
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