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06-06-2023
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Attempts 7. Problem 10-03 (MIRR) MIRR 2300k Keep the Highest / 1 A project has an initial cost of $55,000, expected net cash inflows of $15,000 per year for 6 years, and a cost of capital of 14%. What is the project's MIRR? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to two decimal places.

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