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MIRRs for the projects? what are the MIRRs when you adjust for unequal lives? Do the MIRR adjusted for unequal lives change the decision based

MIRRs for the projects? what are the MIRRs when you adjust for unequal lives? Do the MIRR adjusted for unequal lives change the decision based on MIRRs? image text in transcribed
MIRR unequal lives. Singing Fish Fine Foods has 51.800.000 for capital investments this year and is considering two pobral projects for the funds. Project 1 is updating the store's del section for additional food service. The estimated after-tax cash flow of this project is $570,000 per year for the next five years Pro 2 is updating the store's wine section. The estimated annual after-tax cash flow for this project is $540,000 for the next six years. The appropriate discount rate for the deli expansion is 95% and the appropriate discount rate for the wine section is 90% What are the MIRRS for the Singing Fish Fine Foods projects? What are the MIRRs when you adjust for unequal lives? Do the MIRR adjusted for unequal lives change the decision based on MIRRs? Hint: Take all cash flows to the same ending period as the longest project the appropriate investment rate for the deli expansion is 9.5%, what is the MIRR of the deli expansion? Round to be decimal places)

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