Your company has $21,000,000 in equipment that has a 15 year class life. The equipment is 10 years old. You are selling the equipment for $8,000,000. Your company uses simplified straight line depreciation and has a marginal tax rate of 34%. What is the terminal cash flow? Assume no working capital.

5,280,000

$8,340,000

$660,000

$9,932,000

$7,660,000

2.

Your firm has estimated the following cash flows for a capital investment project. The firm's required rate of return is 10%. What is the project's modified internal rate of return (MIRR)? Cash Flow -$180,000 at time 0 90,000 at year 1 90,000 at year 2 90,000 at year 3 90,000 at year 4

Group of answer choices

22.26%

34.90%

27.77%

19.84%

23.42%