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Determine what is the project mirr

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Question 1: A project has an initial cost of $45,000, expected net cash inflows of $13,000 per year for 9 years, and a cost of capital of 13%. 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.

Reference no: EM132930367

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