please explain how you got answers

0 X 12. Modified Internal rate of return (MIRR) The TR evaluation method assumes that cash flows from the project are reinvested at the same rate equal to the IRR. However, in rewithe reinvested cash flows may not necessary generate a return equal to the IRA. Thus, the modified IRR aproach makes a more con other than the project Consider the following station Puzzy Button Clothing Company analyzing project that requres an alat investment of $3,500,000. The projet expected.com nows are: ng ant Year Year 1 Year 2 Cash Flow $275,000 -125,000 400,000 425.000 Years Furry Button Clothing Company's WACC, and the project has the same as the fire project Case modified internal rate of return ( MR) 22 17.66 Fuzzy Button Clothing Company's WACC is 7%, and the project has the same risk as the firm's average project. Calculate this project modified Internal rate of return (MIRR): O 22.56% 17.66% 23.90% 0 -17.82% this independent project If Furry Button Clothing Company's managers select projects based on the MIRR enterion, they should 3 nt Which of the following statements about the relationship between the IRR and the MIRR correct A typical firm's I will be equal to its MIRR O Atypical firm's IRR will be less than its MIRR. A typical firm's IRR will be greater than its MIRR Save & Continue Continue without saving