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Tumbull Corp. is in the process of constructing a new plant at a cost of $35 million. It expects the project to generate cash flows

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Tumbull Corp. is in the process of constructing a new plant at a cost of $35 million. It expects the project to generate cash flows of $10 million, $20 million, and $30 million over the next three years. The cost of capital is 21.5 percent. What is the Modified Internal Rate of Return (MIRR) on this project and should this project be accepted? 17.33%, accept 19.97%, reject 25.43%, accept 32.04%, accept

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