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Use the following information: A project creates incremental cash flows as the following. The cost of capital is 15%. This project costs $2 million. Use

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Use the following information: A project creates incremental cash flows as the following. The cost of capital is 15%. This project costs $2 million. Use the NPV approach to determine whether we should accept this project. Question 3 (1 point) What is the modified IRR? 11.77% 12.22% 13.57% 14.11%

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