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Internal rate of return and modified internal rate of return For the project shown in the following table, Initial investment ( CF 0) $90,000 Year

Internal rate of return and modified internal rate of return For the project shown in the following table,

Initial investment

(CF0)

$90,000

Year

(t)

Cash inflows

(CFt)

1 $10,000
2 $50,000
3 $15,000
4 $35,000
5 $20,000

calculate the internal rate of return (IRR) and modified internal rate of return (MIRR). If the cost of capital is 13.17%, indicate whether the project is acceptable according to IRR and MIRR.

The project's IRR is __ %

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