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A project has a finance rate of 8% and a reinvestment rate of 10%. The project requires an initial investment of $10,000. In year one,
A project has a finance rate of 8% and a reinvestment rate of 10%. The project requires an initial investment of $10,000. In year one, it will have cash flows of $12,000; year two, -$5000; year three, $8000. What is the project's MIRR
5.8%
7.3%
18.4%
12.1%
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