MIRR adjusted for unequal 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 $9\mathrm{.}5\%,$ what is the MIRR of the restaurant project?

$\%($Round to two decimal places.$)$

If the appropriate reinvestment rate for the sports facility is $12\mathrm{.}5\%,$ what is the MIRR of the sports facility?

$\%($Round to two decimal places.$)$

Based on the MIRR, Grady should pick the

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?

$\%($Round to two decimal places.$)$

Based on the adjusted MIRR, Grady should pick the

project. $($Select from the drop$-$down menu.$)$

Does the decision change?

$($Select from the drop$-$down menu.$)$

No

Yes