Question: Prime Corp. Is adding a new assembly line at a cost of $7.8 million. The firm expects the project to generate cash flows of 52

 Prime Corp. Is adding a new assembly line at a cost

Prime Corp. Is adding a new assembly line at a cost of $7.8 million. The firm expects the project to generate cash flows of 52 million. $3 million, $4 milion. and $5 million over the next four years. Its cost of capital is 16 percent. What is the MiRR on thes project? If the required rate of retum is 17 percent, should the project be accepted? (Round to the hearest percent.) 1800 percent. no 18.57 percent ves 21.14 percent, yes 17.00 nercent no

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