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Question 4(10 points) Consider the following set of cash flows for a new project of Bombay Feature Films Ltd Year 0 (5100,000)-Project Outlay (The bracket

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Question 4(10 points) Consider the following set of cash flows for a new project of Bombay Feature Films Ltd Year 0 (5100,000)-Project Outlay (The bracket indicates a negative figure) Year 2 Year 3 Year 4 Year 5 $18,000 $ 18,000 $18,000 $18,000 $18,000 Year 1 Assume that cash flows are reinvested at the rate of 10%, compounded annually. Calculate the Modified Internal Rate of Return (MIRR) on this project. You may refer to the video (Week B) on Schoology to fully grasp the technique of calculating the MIRR. (Note that nu5) a 18% 19.29 15.98% 18.96%

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