Problem 12-21 Modified internal rate of return LO12-4] The Ca eine Coffee Company uses the modfed internal rate o return. The firm has a oost o capital o 12 percent. The pr fnancial calcuator methocs ccendixB for an project being analyzed is ect being ana eed is as follows as follows ($34,000 investment: Use Bopendi $34.000 vest entk Use en and and we for an approximate answer but al ulate your fine answer usi g the or la and Year Cash Flow 12.000 10,000 What is the modied internal rate of return? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places) Internal rate of return Problem 12-24 Net present value profile [LO12-4] Davis Chili Company is considering an investment of $58 000, which produces the folowing inflows: Year Cash Flow 24,000 21,000 Use Appendix E for an appraximate anawor but calculate your final answer using the formula and financial calculator methoda a. Determine the net precent value of the project based on a zaro parcent discount ra Not prooont valua b. Datermine the net present value of tha project based on a 12 parcent discount rate. (Do not round intermediate calculations and round your answer to 2 decimal places Net proont valua c.Determine the net present value of the project based on a 25 percent discount rate Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places Net proont valua