Marcotte Inc is considering a new automated production line project. The project has a cost...

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Finance

image Marcotte Inc is considering a new automated production line project. The project has a cost of $375,000 and is expected to provide after-tax annual cash flows of $75,306 for eight years. The firm's management prefers using the modified IRR approach. The firm's WACC is 10%. 1. What is the project's MIRR? 2. Should the project be accepted

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