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LIV 4.) A firm is considering an investment project with end-of-year cash flows as shown below: Year i CE. -$95,500 34,380 34,380 34,380 34,380 34,380

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LIV 4.) A firm is considering an investment project with end-of-year cash flows as shown below: Year i CE. -$95,500 34,380 34,380 34,380 34,380 34,380 34,380 34,380 34,380 34,380 34,380 34,380 34,380 34,380 34,380 1 2 3 4 6 7 8 10 11 12 13 14 34,380 34,380 34,380 34,380 34,380 34,380 15 16 17 18 19 20 21 34,380 34,380 34,380 22 23 24 34,380 34,380 129,880 25 26 Calculate the Internal Rate of Return (IRR) for this project. A.) B.) Suppose the firm's cost of capital, k =8 percent. Calculate the Modified Internal Rate of Return (MIRR) for this project

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