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Mooradian Corporation estimates that its weighted average cost of capital 14.2 percent. The company is considering two mutually exclusive projects whose after-tax cash flows are

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Mooradian Corporation estimates that its weighted average cost of capital 14.2 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? \begin{tabular}{|c|} \hline 33.93%; Yes \\ \hline 35.93%; Yes \\ \hline 32.93%; No \\ \hline 31.93%; No \\ \hline 30.93%; No \\ \hline \hline 3 \end{tabular}

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