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Mooradian Corporation estimates that its weighted average cost of capital is 17.8 percent. The company is considering two mutually exclusive projects whose after-tax cash flows

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Mooradian Corporation estimates that its weighted average cost of capital is 17.8 percent. The company is considering two mutually exclusive projects whose after-tax cash flows are as follows: What is the modified internal rate of return (MIRR) of the project with the highest NPV? Should this project be accepted? 42.11%; Yes 43.11%; Yes 44.11%; No 45.11%; Yes 45.11% : No

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