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10. Problem 11.03 (MIRR) eBook Project L costs $45,000, its expected cash inflows are $8,000 per year for 8 years, and its WACC is 10%.

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10. Problem 11.03 (MIRR) eBook Project L costs $45,000, its expected cash inflows are $8,000 per year for 8 years, and its WACC is 10%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places. %

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