Question: Your firm is considering a project that will cost$ 4 . 4 9 1 million up front , generate cash flows of$ 3 . 4

Your firm is considering a project that will cost$4.491million upfront, generate cash flows of$3.49million per year for3years, and then have a cleanup and shutdown cost of$6.04million in the fourth year.a. How many IRRs does this projecthave?b. Calculate a modified IRR for this project assuming a discount
and compounding rate of10.2%.c. Using the MIRR and a cost of capital of10.2%,would you take theproject?a. How many IRRs does this projecthave?The project has2IRRs.(Select from thedrop-down menu.)b. Calculate a
modified IRR for this project assuming a discount and compounding
rate of10.2%.The MIRR for this project is

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