The discount rate and the reinvestment rate

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Burp Brewing, Inc. is considering a proposed project with the following cash flows. Should this project be accepted based on the combined approach to the modified internal rate of return if both the discount rate and the reinvestment rate are 11.3 percent? Why or why not? Show your calculations to prove your answer. Year Cash Flow 0 -$148,500 1 32,800 2 64,200 3 -7,500 4 87,300 please show work

Reference no: EM131194693

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