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Find what is the project mirr

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Question 1: A project has an initial cost of $55,000, expected net cash inflows of $8,000 per year for 7 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.

Reference no: EM132901237

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