What is the project mirr

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Question - Kit-Kat Inc., a large high quality cat food processor operating out of Valdez, Alaska, has a new automated production line project it is considering. The project has a cost of $338,738 and is expected to provide after-tax annual cash flows of $93,306 for the first four years, which will then fall to $47, 389 for the remaining 4 years of life. The firm's management uses the modified IRR approach. You have calculated a project discount rate of 9 percent. What is the project's MIRR? Is the project acceptable?

Reference no: EM132173220

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What is the project mirr : Kit-Kat Inc., a large high quality cat food processor operating out of Valdez, What is the project's MIRR? Is the project acceptable
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