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A project has the following cash flows : Year Cash Flows 0 $12,000 1 5,290 2 7,630 3 5,040 4 1,580 Assuming the appropriate interest

A project has the following cash flows :

Year	Cash Flows
0	$12,000
1	5,290
2	7,630
3	5,040
4	1,580

Assuming the appropriate interest rate is 10 percent, what is the MIRR for this project using the discounting approach?

19.21%

15.23%

13.96%

11.63%

17.77%

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