Question: #5 this is 1 question, please answer completely and correctly Cold Goose Metal Works Inc, is analyzing a project that requires an initlal investment of

#5 this is 1 question, please answer completely and correctly

Cold Goose Metal Works Inc, is analyzing a project that requires an initlal investment of $3,000,000. The project's expected cash flows ore: Cold Goose Matal Works Incis WaCC is 7%, and the project has the same risk as the firm's average project. Calculate this project's modified internal rote of return (MIRR): 20.0994 19.70% 15.30\% 21.04% th 11: Assignment - The Basics of Capital Budgeting 20.09% 19.70% 15.30% 21.04% If Cold Goose Metal Works Inci's managers select projects based on the MIRR criterion, they should this independent project. Which of the following statements about the relationship between the IRR and the MIRR is correct? A typical firm's IRR will be less than its MIRR. A typical firm's IRR will be equal to its MIRR. A typical firm's IRR will be greater than its MIRR

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