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P11-15 (similar to) Question Help (Calculating MIRR) OTR Trucking Company runs a fleet of long haul trucks and has recently expanded into the Midwest, where

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P11-15 (similar to) Question Help (Calculating MIRR) OTR Trucking Company runs a fleet of long haul trucks and has recently expanded into the Midwest, where it has decided to build a maintenance facility This project will require an initial cash outlay of $18 million and will generate annual cash inflows of $3.5 million per year for Years 1 through 3. In Year 4 the project will provide a net negative cash flow of 55.2 million due to anticipated expansion of and repairs to the facility. During Years 5 through 10, the project will provide cash inflows of $1.8 million per year a. Calculate the project's NPV and IRR Where the discount rate is 11 4 percent. Is the project a worthwhile investment based on these two measures? Why or why not? b. Calculate the project's MIRR Is the project a worthwhile investment based on this measure? Why or why not? SI a. The project's NPV where the discount rate is 114% is 50 milion. (Round to two decimal places) view ondition

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