Question: HELP NEEDED ASAP* Modified Internal Rate of Return.Using a cost of capital of 14%, calculate the Modified Internal Rate of Return (MIRR) for each of

HELP NEEDED ASAP* Modified Internal Rate of Return.Using a cost of capital of 14%, calculate the Modified Internal Rate of Return (MIRR) for each of the independent projects shown in the following table and indicate whether each is acceptable

The Modified Internal Rate of Return (MIRR) ____% of project A is . (Round to 2 decimal points.)

Is project A acceptable?(Select the best answer below.)

Yes

No

The Modified Internal Rate of Return (MIRR) of project B is ____%.(Round to 2 decimal points.)

Is project B acceptable?(Select the best answer below.)

No

Yes

The Modified Internal Rate of Return (MIRR) of project C is ____%. (Round to 2 decimal points.)

Is project C acceptable?(Select the best answer below.)

Yes

No

The Modified Internal Rate of Return (MIRR) of project D is _____%. (Round to 2 decimal points.)

Is project D acceptable?(Select the best answer below.)

No

Yes

The Modified Internal Rate of Return (MIRR) of project E is _____%. (Round to 2 decimal points.)

Is project E acceptable?(Select the best answer below.)

Yes

No

Project A

Project B

Project C

Project D

Project E

Initial investment

(CF0)

$26,000

$500,000

$170,000

$950,000

$80,000

Year

(t)

Cash inflows

(CFt)

1

$4,000

$100,000

$20,000

$230,000

$0

2

4,000

120,000

19,000

230,000

0

3

4,000

140,000

18,000

230,000

0

4

4,000

160,000

17,000

230,000

20,000

5

4,000

180,000

16,000

230,000

30,000

6

4,000

200,000

15,000

230,000

0

7

4,000

14,000

230,000

50,000

8

4,000

13,000

230,000

60,000

9

4,000

12,000

70,000

10

4,000

11,000

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