Question: Problem 12-29 (calculator version) The Caffeine Coffee Company uses the MIRR. The firm has a cost of capital of 12 percent. The project being analyzed

 Problem 12-29 (calculator version) The Caffeine Coffee Company uses the MIRR.

Problem 12-29 (calculator version) The Caffeine Coffee Company uses the MIRR. The firm has a cost of capital of 12 percent. The project being analyzed has a $27000 Initial investment and is expected to produce the following cash flows: Yes 1 2 3 Cashow $15,000 12.000 9.000 o. What is the MIRR? (Use a Financial calculator to arrive at the answers, Round the final answer to 2 decimal places.) % MIRR b. What is the traditional IRR? (Round the final answer to 1 decimal place.) Traditional IRR

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