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Questions AS-A7 are based on the following information You are considering two projects that are independent. Your firm has access to $570,000 only. The cost

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Questions AS-A7 are based on the following information You are considering two projects that are independent. Your firm has access to $570,000 only. The cost of capital for both projects is 10%. Project A costs $180,000 and generates cash flows of $36,000 per year for 15 years. Project B costs $300,000 and generates cash flows of $50,000 per year for 15 years. AS. What is the MIRR for Project B? (a) 9.76% (b) 11.75% (c) 12.87% (d) 15.03% (e) 21.98% b d

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