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Save MIRR unequal lives Singing Fish Fine Foods has 51.960,000 for capital investments this year and is considering to potential projects for the funds Project

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Save MIRR unequal lives Singing Fish Fine Foods has 51.960,000 for capital investments this year and is considering to potential projects for the funds Project 1 updating the store's del section for additional food service. The estimated after-tax cash flow of this project is 5610.000 per year for the next five years. Project 2 is updating the store's wine section. The estimated annual after-tax cash flow for this project is $490,000 for the next six years. The appropriate discount rate for the deli expansion is 95% and the appropriate discount rate for the wine section is 8,8% What are the MIRRs for the Singing in Fine Foods projects? What are the MIRRs when you adjust for unequal lives? Do the MIRR adjusted for unequal lives change the decision based on MIRRsHint Take all cash flows to the same ending period as the longest project If the appropriate reinvestment rate for the del expansion is 95%, what is the MIRR of the doll expansion? U (Round to two decimat places)

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