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Reddington Enterprises is considering the two capital budeting projects with the following cash flows that have a WACC of 12%. Year Redd Wine Vineyards Kaplan
Reddington Enterprises is considering the two capital budeting projects with the following cash flows that have a WACC of 12%.
Year | Redd Wine Vineyards | Kaplan Cleaners |
0 | -200,000 | -200,000 |
1 | 50,000 | 175,000 |
2 | 125,000 | 125,000 |
3 | 200,000 | 100,000 |
4 | 300,000 | 75,000 |
What is the MIRR for Kaplan Cleaners at its WACC of 12%?
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