p9-16 mirr unequal lives. singing fish fine has $1,960,000

manceSpring 2019 Savannah WilMams&1 3/22/19 11.01 P -Homework: Chapter 9 Homework Score: 0.43 of 1 pt 7 of 9 (7 completel Score: 60.93%, 5.48 of 9 p P9-16 (similar to Question Help MIRR unequal lives. Singing Fish Fine Foods has $1,980,000 for capital investments this year and is considering two potential projects for the fundis. Project is updatngthe store's deli secton for addionalfood service The estimated after-tax ash flow of this poject $590.000 per yoerfor the next fve years Poject 2 updating the store's wine section The estimated annual ather-lax cash flow for this project is $540,000 for the next six years. The appropriate discount rate for the del expansion is 96% and the appropr ato dis unt ate for the wne sect nis9.1% what are the MRRs for the S geg Fish Fine Foods poyects? What ro tho MRRs when you adjust for unequal lives? Do the MIRR adjusted for unequal Iives change the decision based on MiS? Hint Take all cash fows to the same ending period as the longest project by Plan ren appropriate "investment rate for the deli expansion us 98%, what is the MRR ofthe deli expansion? arson eTe Enter your 2 6 38 ntrol option command