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Year Cash Flow 0 -$ 762,000 1 $300,000 2 $-550,000 3 $660,000 4 $440,000 This project has cash flows. Happy Frog Inc.'s WACC is 8.00%.

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Year Cash Flow 0 -$ 762,000 1 $300,000 2 $-550,000 3 $660,000 4 $440,000 This project has cash flows. Happy Frog Inc.'s WACC is 8.00%. Calculate this project's modified internal rate of return (MIRR). O 4.43% O 4.54% O 7.54% O 5.54% Happy Frog Inc.'s managers select projects based only on the MIRR criterion. Should Happy Frog Inc.'s managers accept this independent project? O O Yes

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