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Please solve and show how Blue Llama Mining Company is analyzing a project that requires an initial investment of $450,000. The project's expected cash flows

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Blue Llama Mining Company is analyzing a project that requires an initial investment of $450,000. The project's expected cash flows are: Year Cash Flow Year 1 $275,000 Year 2 -150,000 Year 3 450,000 Year 4 500,000 Blue Lama Mining mpany's WACC is 7%, and the project has the same risk as the firm's average project. Calculate this project's modified internal rate of return (MIRR) 18.18% ? 22.73% O 27.28% 25.00% Blue Liama Mining company's managers select projects based on the MIRR criterion, they should this which of the following statements best describes the difterence between the IRR method and the MIRs method O The IRR method uses only cash inflows to calculate the IRR. The MIRI method uses both cash intlows a method uses the present value of the in tiai investment tocaicuiate the iRR. The MIRK method use method assumes that cash fiows are reinvested at a rate of re returs equa to the IRR. The MIR

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