Question: AAA Inc. has four potential independent projects. The information for each project (Cash flows each period, NPV, IRR, MIRR, and PI) is presented in the

AAA Inc. has four potential independent projects. The information for each project (Cash flows each period, NPV, IRR, MIRR, and PI) is presented in the table below but unfortunately some is missing. For your convenience, PVIF and FVIF for years 1 to 5 are also presented in the last two columns of the table. The discount rate is 10%,

Year

Project I

Project II

Project III

Project IV

PVIF

FVIF

0

-300,000

-5,000

-100,000

-100,000

1

1

10,000

15,000

200,000

10,000

0.9091

1.4641

2

150,000

15,000

15,000

150,000

0.8265

1.331

3

150,000

15,000

15,000

150,000

0.7513

1.21

4

150,000

15,000

15,000

150,000

0.6830

1.1

5

150,000

15,000

15,000

150,000

0.6209

1

NPV

141,345

???

???

341,345

IRR

23.86

???

112.66%

79.87%

MIRR

???

???

29.37%

48.03

PI

1.47

11.37

???

4.41

What is the MIRR for project I (answer in percentage with two digits. for example if your solution is 0.094692 then enter 9.47)? The MIRR for project I is ____ %.

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