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The following are two projects a firm is considering: Assuming that the relevant cost of capital for both projects is 11% you should be able

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The following are two projects a firm is considering: Assuming that the relevant cost of capital for both projects is 11% you should be able to determine the net present value (NPV) and the internal rate of return (IRR) for both project. Assume now that the frm has capital hationing, but knows that its true reinvestment rate is 20\%, while its cost of capital is 11 percent. Given this information, determine the modifed net present value (MNPV) for Project B. 52.47900 52.965.10 \$4,034.05 52,939.01 53.479.89

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