(Related to Checkpoint 11.6) (MIRR calculation) Emily's Soccer Mania is considering building a new plant. This project would require an initial cash outlay of $10.5 million and would generate annual cash inflows of $3.5 million per year for years one through four. In year five the project will require an investment outlay of $4.2 million. During years 6 through 10 the project will provide cash inflows of $4.2 million per year. Calculate the project's MIRR, given a discount rate of 9 percent. The MIRR of the project with a discount rate of 9% is %. (Round to two decimal places.) (Related to Checkpoint 11.1 and Checkpoint 11.4) (NPV and IRR calculation) East Coast Television is considering a project with an initial outlay of $X (you will have to determine this amount). It is expected that the project will produce a positive cash flow of $41,000 a year at the end of each year for the next 16 years. The appropriate discount rate for this project is 7 percent. If the project has an internal rate of return of 12 percent, what is the project's net present value? a. If the project has an internal rate of return of 12%, then the project's initial outlay is $. (Round to the nearest cent.) b. If the discount rate is 7%, then the project's NPV is $. (Round to the nearest dollar.)