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lives change the decision based on the MIRRs? Hint: Take all cash flows to the same ending period as the longest project. If the appropriate

image text in transcribed lives change the decision based on the MIRRs? Hint: Take all cash flows to the same ending period as the longest project. If the appropriate reinvestment rate for the restaurant is 11.0%, what is the MIRR of the restaurant project? % (Round to two decimal places.) If the appropriate reinvestment rate for the sports facility is 12.0%, what is the MIRR of the sports facility? % (Round to two decimal places.) Based on the MIRR, Grady should pick the (1) - project. (Select from the drop-down menu.) What is the MIRR of the restaurant when you adjust for unequal lives? % (Round to two decimal places.) What is the MIRR of the sports facility when you adjust for unequal lives? 6 (Round to two decimal places.) Based on the adjusted MIRR, Grady should pick the (2) - project. (Select from the drop-down menu.) Does the decision change? (3) (Select from the drop-down menu.) (1) sports facility (2) sports facility (3) No restaurant restaurant O Yes

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