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Land Fill Renovators, Inc. is considering a proposed project with the following cash flows. Should this project be accepted based on the combination approach to
Land Fill Renovators, Inc. is considering a proposed project with the following cash flows. Should this project be accepted based on the combination approach to the modified internal rate of return if both the discount rate and the reinvestment rate are 15.5 percent? Why or why not? Show your calculations to prove your answer. Year Cash Flow -$375,000 104,500 -34,000 3 244,700 271,000 4
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