4. Methods. Write a static method to a. Determine if two numbers are within a given tolerance b. Return the minimum value stored in an array c. Return the index where the maximum value is stored in an array d. Return how many times a given value occurs in an array. e. Return the arithmetic mean (average) of an input array. f. Return the number of values greater than a given value g. Change the length of an array. h. Sum the rows of a 2-D array. i. Search for a value in an array and return it's index. j. Return main diagonal sum; or, minor diagonal sum of a 2-D array k. Insert (or delete) and item in an array 1. Reverse an array m. etc..

1. 4. Modified internal rate of return (MIRR) The IRR evaluation method assumes that cash flows
from the project are reimvested at the same rate equal to the IRR. However, in reality the
reinvested cash flows may not necessanly generate a return equal to the IRR. Thus, the modffied
IRR approach makes a more reasonable assumption other than the project's IRR. Consider the
following situation: Cute Camel Woodcraft Company is analyzing a project that requires an
inital investment of $3,225,000. The project's expected cash flows are:
Cute Camel Woodcraft Company's WACC is 8%, and the project has the same risk as the firm's
average project. Calculate this project's modified internal rate of retum (MIRR):
22.01%19.21%15.59%20.17% If Cute Camel Woodcratt Campany's managers select projects
based on the MikR criterion, they should this independent project: Which of the following
statements about the relationship between the IRR and the MIRR is correct? A typical firmis IRR
will be equal to its MaRR. A typical firm's IRR will be oreater than its MI9R. A typical firm's
IRR will be less than its MIRR.