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1. Problem 11.03 (MIRR) eBook Problem Walk-Through Project requires an initial outlay at t- of $50,000, its expected cash inflows are $13,000 per year for

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1. Problem 11.03 (MIRR) eBook Problem Walk-Through Project requires an initial outlay at t- of $50,000, its expected cash inflows are $13,000 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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