What would be the approximate wacc

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You are an assistant to a corporate finance director in a company. One of the company's recent project bids is accepted. This project relates to construction of a new airport in Berlin and expected cash flows are as follows. If the MIRR is 10,3%, what would be the approximate WACC?

(Investment of airport=12000000, first year cash flow=6000000, second year cash flow=8000000)

Reference no: EM132507352

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