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Mooradian Corporation estimates that its weighted average cost of capital is 11.5 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 11.5 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? 42.59%;Yes47.59%;No45.59%;Yes40.59%;Yes38.59%;No

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