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3. Problem 11.03 (MIRR) ebook Problem Walk-Through Project L requires an initial outlay at t- of $55,000, its expected cash inflows are $8,000 per year

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3. Problem 11.03 (MIRR) ebook Problem Walk-Through Project L requires an initial outlay at t- of $55,000, its expected cash inflows are $8,000 per year for 9 years, and its WACC is 14%. What is the project's MIRR? Do not round intermediate calculations, Round your answer to two decimal places. Grade it Now FUNE Save & Continue Continue without saving FIN M

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