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Jones Corporation is considering an expansion project with cash flows of $287,500,$107,500,$196,100,$104,500, and $92,700 for Years 0 through 4 , respectively. Should the firm proceed

image text in transcribed Jones Corporation is considering an expansion project with cash flows of $287,500,$107,500,$196,100,$104,500, and $92,700 for Years 0 through 4 , respectively. Should the firm proceed with the expansion based on the modified internal rate of return if the required return is 13.4 percent? Why or why not? No; The MIRR is 9.13 percent. No; The MIRR is 11.31 percent. Yes; The MIRR is 9.13 percent. No; The MIRR is 11.23 percent. Yes; The MIRR is 14.45 percent

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