Chapter 11 Assignment Blue Llama Mining Company is analyzing a project that requires an initial investment of $450,000. The project's expected cash flows are: Year Cash Flow Year 1 Year 2 $350,000 - 125,000 475,000 475,000 Year 3 Year 4 Blue Llama Mining Company's WACC is 10%, and the project has the same risk as the firm's average project. Calculate this project's modified internal rate of retur (MIRR): 23.409 22.02% tory 27.53% 33.044 11 Blue Lama Mining Company's managers select projects based on the MIRRention, they should this independent project Which of the following statements best describes the difference between the method and the accept pd reject The IRR method tsumes that cash flows are reinvested at a rate of return coal to the TRR method assumes that cash flows are este rate of returnsqual to the cost of capital The methods only cash inflows to calculate the TRR. The MIR method uses both cathinflows and oth outros to calculate the MIRR The IRR method uses the present of the initial investment to calculate the The Metodus in terminal of the