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QUESTION
A project has an initial cost of $69,375, expected net cash inflows of $15,000 per year for 9 years, and a cost of capital of 9%. What is the
A project has an initial cost of $69,375, expected net cash inflows of $15,000 per year for 9 years, and a cost of capital of 9%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places.
%
