What is the MIRR of this project

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Question - The Gulf Co. is evaluating a project with the following cash flows:

Year

Cash Flow

0

AED 280

1

66

2

72

3

-78

4

90

5

98

The company uses a 15 percent interest rate on all of its projects. What is the MIRR of this project?

Reference no: EM133062791

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