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PLEASE SHOW HOW YOU CALCULATE MIRR. THANKS Blue Water Systems is analyzing a project with the following cash flows. Should this project be accepted based

PLEASE SHOW HOW YOU CALCULATE MIRR. THANKS

Blue Water Systems is analyzing a project with the following cash flows. Should this project be accepted based on the discounting approach to the modified internal rate of return if the discount rate is 14 percent? Why or why not?

Year Cash flow
0 -$236,000
1 137,400
2 189,300
3 -25,000

Answers:

Yes; The MIRR is 13.48 percent.

Yes; The MIRR is 17.85 percent.

Yes; The MIRR is 15.97 percent.

No; The MIRR is 5.73 percent.

No; The MIRR is 17.85 percent.

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