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A firm is considering an investment project with the following cash flows: Year 0=$110,000 (initial costs); Year 1=$50,000; Year 2=$80,000; and Year 3=$30,000. The company

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A firm is considering an investment project with the following cash flows: Year 0=$110,000 (initial costs); Year 1=$50,000; Year 2=$80,000; and Year 3=$30,000. The company has an 11% cost of capital. What is the project's modified internal rate of return (MIRR)? 22.8% 17.5% 16.3% 13.9%

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