1. A) What are the two situations where IRR cannot provide reliable decisions on capital investments?

1.    A) What are the two situations where IRR cannot provide reliable decisions on capital investments?

B) Computer Consultants Inc. is considering a project that has the following cash flow and WACC data. What is the project’s MIRR? 

WACC: 12%

Year                         0               1               2               3               4

Cash flows             -$850        $300         $220         $540   $360