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Your firm is considering a project that will cost $4.686 milion up front, generate cash flows of $3.54 million per year for 3 years, and

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Your firm is considering a project that will cost $4.686 milion up front, generate cash flows of $3.54 million per year for 3 years, and then have a cleanup and shutdown cost of $5.97 million in the fourth year, a. How many IRRs does this project have? b. Calculate a modified IRR for this project assuming a discount and compounding rate of 9.7% c. Using the MIRR and a cost of capital of 9.7%, would you take the project? a. How many IRRs does this project have? The project has 2 IRRs. (Select from the drop-down menu.) b. Calculate a modified IRR for this project assuming a discount and compounding rate of 9.7% The MIRR for this project is % (Round to two decimal places.)

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