3. project L requires an initial outlay at t = 0 of $35,000, its expected cash inflows are $15,000 per year for 9 years, and its WACC is 10%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places.   % 4. Project L requires an initial outlay at t = 0 of $61,000, its expected cash inflows are $11,000 per year for 7 years, and its WACC is 12%. What is the project's payback? Round your answer to two decimal places.   years

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter10: Capital Budgeting: Decision Criteria And Real Option
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3.

project L requires an initial outlay at t = 0 of $35,000, its expected cash inflows are $15,000 per year for 9 years, and its WACC is 10%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places.

  %

4.

Project L requires an initial outlay at t = 0 of $61,000, its expected cash inflows are $11,000 per year for 7 years, and its WACC is 12%. What is the project's payback? Round your answer to two decimal places.

  years

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