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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 $1,700,000.Given the discount rate

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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 $1,700,000.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?

What is the IRR for project Q?

What is the MIRR for project Q?

What is the IRR for project R?

What is the MIRR for project R?

What is the IRR for project S?

What is the MIRR for project S?

Cash Flow Year 1 Year 2 Year 3 Year 4 Project Q Project R Projects 400000 600000 900000 400000 600000 700000 400000 600000 500000 400000 600000 300000 400000 600000 100000 9% 13% 16% Year 5 Discount rate

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