Problem:
Komfy Karz is evaluating a project that costs $365,000 and is expected to generate $260,000 and $175,000, respectively, during the next 2 years.
Required:
Question: If Komfy's required rate of return is 13%, what is the project's (a) net present value, (b) internal rate of return (IRR), and (c) modified internal rate of return (MIRR)?
Note: Please provide full description.