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1 8 : 3 2 8 2 Notes Done April 2 4 , 2 0 2 4 at 1 8 : 3 2 Project L

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April 24,2024 at 18:32
Project L requires an initial outlay at t=0 of $45,000, its expected cash inflows are $12,000 per year for 9 years, and its WACC is 11%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places.
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