Reddington Enterprises is considering the two capital budgeting projects with the following cash flows that have a WACC of 12%.
Year Redd Wine Vineyards Kaplan Cleaners
0 -200,000 -200,000
1 50,000 175,000
2 125,000 125,000
3 200,000 100,000
4 300,000 75,000
What is the MIRR for Kaplan Cleaners at its WACC of 12%?
31.0% 57.2% 12.0% 32.8% 43.4%
show steps pls!!!
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