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3. Calculate the Modified Internal Rate of Return (MIRR) for the following cash flow stream. Is the project acceptable? Why or why not? The marginal

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3. Calculate the Modified Internal Rate of Return (MIRR) for the following cash flow stream. Is the project acceptable? Why or why not? The marginal cost of capital is 14 percent. (6 pts) Year Cash flow 0 (1300) 1 700 2 800 3 550 4 (200)

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