9-17 Compute the (a) net present value, (b) internal Pate of return (IRR), (c) modified internal rate of return (MIRR), and (d) discounted payback period (DPB) for each of the following projects. The firm's required rate of return is 13 percent. Year Project AB Project LM Project UV $(90,000) $(100,000) $ (96,500) 1 39,000 01 (55,000) 39,000 100,000 3. 39,000 147,500 100,000 2

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Please compute the discounted payback period for each of the following projects. 

9-17 Compute the (a) net present value, (b) internal rate
of return (IRR), (c) modified internal rate of return
(MIRR), and (d) discounted payback period (DPB) for
each of the following projects. The firm's required
rate of return is 13 percent.
Year Project AB Project LM
Project UV
*$ (90,000)
$(100,000)
$ (96,500)
1
39,000
(55,000)
2
39,000
100,000
3
39,000
147,500
100,000
Which project(s) should be purchased if they are in-
dependent? Which project(s) should be purchased if
they are mutually exclusive?
Transcribed Image Text:9-17 Compute the (a) net present value, (b) internal rate of return (IRR), (c) modified internal rate of return (MIRR), and (d) discounted payback period (DPB) for each of the following projects. The firm's required rate of return is 13 percent. Year Project AB Project LM Project UV *$ (90,000) $(100,000) $ (96,500) 1 39,000 (55,000) 2 39,000 100,000 3 39,000 147,500 100,000 Which project(s) should be purchased if they are in- dependent? Which project(s) should be purchased if they are mutually exclusive?
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