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MiRR unequal tives. Singing Fish Fine Foods has $1.850,000 for capital itrvestments this year and is considering two polential projects for the funds. Project 1

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MiRR unequal tives. Singing Fish Fine Foods has $1.850,000 for capital itrvestments this year and is considering two polential projects for the funds. Project 1 is updating the store's dell section for adelional food service. The estimated nthertax cash flow of this propect is 5570.000 per year for the next five years. Project 2 is updating the store's wine sectian. The estimated annual after-tax cash flaw for this project is $490,000 for the next alx years. The appropriate discount rele for the dell expansion is 9.6% and the approppiate discount rate for the wine section is 9.0%. What are the MirRs for the Singing Fiah Fine Foods projects? What are the Mirs when you adjust for unequal lives? Do the MirR adjusted for unequat Eives change the decision based on MiRRs? Hint, Take al cash flows to the same ending period as the longest project

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