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QUESTION 1 The FIN340 Company has a WACC of 10.0% and is evaluating a project with the following projected annual cash flows: Period 0 (Start

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QUESTION 1 "The FIN340 Company has a WACC of 10.0% and is evaluating a project with the following projected annual cash flows: Period 0 (Start of Project) $-290, Period 1: 5-150, Period 2 590. Period 3 5410, Period 4 $120. Period 5: $75 - Calculate the Modified Internal Rate of Return (MIRR) for this project 14.05% 17.17% 12.78% 15.46% 15.61% 12.49% Insufficient data provided to calculate QUESTION 2 You want to retire in 32 years and you currently have $52.000 saved in your retirement account You believe you will need $1,250,000 upon retirement - Assuming no additional contributions, what rate will you need to earn on the account to achieve this goal?" 10.11% 9.20% 10.45% 2303.85% 72.00% 10.80%

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