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Please answer both questions. Thank you. Green Caterpillar Garden Supplies Inc. is analyzing a project that requires an initial investment of $3,000,000. The project's expected

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Please answer both questions. Thank you.

Green Caterpillar Garden Supplies Inc. is analyzing a project that requires an initial investment of $3,000,000. The project's expected cash flows are: Year Cash Flow Year 1 $350,000 Year 2 175,000 Year 3 450,000 Year 4 475,000 Green Caterpillar Garden Supplies Inc.'s WACC is 8%, and the project has the sam e risk as the firm's average project. Calculate this project's modified internal rate of return (MIRR) 16.12% o 20.86% 22.75% 9-18.32% If Green Caterpillar Garden Supplies Inc.'s managers select projects based on the MIRR criterion, they should this independent project reject accept Which of the following statements about the relationship between the IRR and the MIRR is correct? O A typical firm's IRR will be less than its MIRR. Type here to search

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