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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

18

32

82

Notes

Done

April

24, 2024

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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