Question: Big Company is evaluating two projects, Project A and Project B. Both projects are of equal risk. Big Company has a WACC of 10%. The

Big Company is evaluating two projects, Project A and Project B. Both projects are of equal risk. Big Company has a WACC of 10%. The expected Free Cash Flows of the projects are as follows: Period Annual Cash Flows Project "A" Annual Cash Flows Project "B" ($20,000) 1 L 4,000 6,000 ($20,000) 11,000 7,000 6,000 1,000 3 4. 8,000 10,000 Compute the Modified Internal Rate of Return (MIRR) for Project "A". a. 11.53% O b. 11.92% O c. 12.34% Od. 12.95% Oe. 13.24%
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