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6. Calculate the MIRR for a project where the WACC is 7%: Invest: $100 today plus $31 at the end of year 2. Returns: $32,

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6. Calculate the MIRR for a project where the WACC is 7%: Invest: $100 today plus $31 at the end of year 2. Returns: $32, $38, $42, and $47 to be received at the end of years 1, 2, 3, and 4, respectively. (Draw a timeline and express your answer as a % carried to 1 decimal place.)

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