The mirr of the project with discount rate

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(Calculating MIRR) Emily's Soccer Mania is considering building a new plant. This project would require an initial cash outlay of ?$9.5 million and would generate annual cash inflows of ?$3.8 million per year for years one through four. In year five the project will require an investment outlay of ?$4.2 million. During years 6 through 10 the project will provide cash inflows of ?$4.2 million per year. Calculate the? project's MIRR, given a discount rate of 9 percent.

The MIRR of the project with a discount rate of 9?% is _______%. ?(Round to two decimal? places.)

Reference no: EM131873474

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