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Keep the Highest: 13 Attempts: 6. Cash flow patterns and the modified rate of return calculation Green Moose Industries Inc. Is analyzing a project with

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Keep the Highest: 13 Attempts: 6. Cash flow patterns and the modified rate of return calculation Green Moose Industries Inc. Is analyzing a project with the following cash flows: Aa Aa Year Cash Flow Year 0 -$680,000 Year 1 $300,000 Year 2$550,000 Year 3 $660,000 Year 4 $440,000 This project has cash flows. normal nonnormal Green Moose Industries's WACC is 6.00%. Calculate this project's modified internal rate of return (MIRR). 6.36% 6.00% 5.36% 5.09% Green Moose Industries's managers select projects based only on the MIRR criterion. Should Green Moose Industries's managers accept this independent project? O No O Yes

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