Question: Pensky Inc. is considering Projects S and L, whose cash flows are shown below. These projects are mutually exclusive and equally risky. Calculate the MIRR

Pensky Inc. is considering Projects S and L, whose cash flows

Pensky Inc. is considering Projects S and L, whose cash flows are shown below. These projects are mutually exclusive and equally risky. Calculate the MIRR for both projects assuming a WACC of 12%. Which project should Pensky accept and why? Pensky Inc. is considering Projects S and L, whose cash flows are shown below. These projects are mutually exclusive and equally risky. Calculate the MIRR for both projects assuming a WACC of 12%. Which project should Pensky accept and why

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