Question: This is a long question but help please. MiRR unequal lives. Singing Fish Fine Foods has $1,960,000 for capital investments this year and is considering

 This is a long question but help please. MiRR unequal lives.
This is a long question but help please.
Singing Fish Fine Foods has $1,960,000 for capital investments this year and

MiRR unequal lives. Singing Fish Fine Foods has $1,960,000 for capital investments this year and is considering two potential projects for the funds. Project 1 is updating the store's deli section for additional food service. The estimated after-tax cash flow of this project is $630,000 per year for the next five years. Project 2 is updating the store's wine section. The estimated annual after-tax cash flow for this project is $490,000 for the next six years. The appropriate discount rate for the deli expansion is 9.6% and the appropriate discount rate for the wine section is 9.0%. What are the MiRR: for the Singing Fish Fine Foods projecis? What are the MIRRs when you adjust for unequal lives? Do the MiRR adjusted for unequal lives change the decision based on MIRRs? Hint: Take all cash fows to the same end ng period as the longest project

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