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Alyeska Salmon Inc., a large salmon canning firm operating out of Valdez, Alaska, has a new...

Alyeska Salmon Inc., a large salmon canning firm operating out of Valdez, Alaska,
has a new automated production line project it is considering.  The project has
a cost of $231,862 and is expected to provide after-tax annual cash flows of $64,958  
for five years.  The firm’s management is uncomfortable with the IRR reinvestment
assumption and prefers the modified IRR approach.  You have calculated a cost of
capital for the firm of 11.4 percent.  What is the project’s MIRR?

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jeff jeffy answered 1 year ago
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