Calculate the mirr for each project

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NPVs, IRRs, and MIRRs for Independent Projects Edelman Engineering is considering including two pieces of equipment, a truck and an overhead pulley system, in this year's capital budget. The projects are independent. The cash outlay for the truck is $18,000, and that for the pulley system is $22,000. The firm's cost of capital is 14%. After-tax cash flows, including depreciation, are as follows: Year Truck Pulley 1 $5,100 $7,500 2 5,100 7,500 3 5,100 7,500 4 5,100 7,500 5 5,100 7,500 Calculate the IRR for each project. Round your answers to two decimal places. Truck: % What is the correct accept/reject decision for this project? Pulley: % What is the correct accept/reject decision for this project? Calculate the NPV for each project. Round your answers to the nearest dollar, if necessary. Enter each answer as a whole number. For example, do not enter 1,000,000 as 1 million. Truck: $ What is the correct accept/reject decision for this project? Pulley: $ What is the correct accept/reject decision for this project? Calculate the MIRR for each project. Round your answers to two decimal places. Truck: % What is the correct accept/reject decision for this project? Pulley: % What is the correct accept/reject decision for this project?

Reference no: EM131317066

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