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21. Problem 11.21 (MIRR) EiB eBook Project A requires an initial outlay at t = 0 of $3,000, and its cash flows are the same

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21. Problem 11.21 (MIRR) EiB eBook Project A requires an initial outlay at t = 0 of $3,000, and its cash flows are the same in Years 1 through 10. Its IRR is 15%, and its WACC is 8%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places. %

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