H 1 define the term modified irr mirr find the mirrs

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h. 1. Define the term Modified IRR (MIRR). Find the MIRRs for franchises L and S. 3 | 3 ( +
Mini Case: 10 - 12
h. 2. What are the MIRR's advantages and disadvantages vis-a-vis the regular IRR? What are the MIRR's advantages and disadvantages vis-a-vis the NPV?
i. 1. What are normal and nonnormal cash flows?

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