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A project has the following cash flows : Year Cash Flows 0 $11,500 1 4,990 2 7,180 3 4,640 4 1,680 Assuming the appropriate interest

A project has the following cash flows :

Year Cash Flows

0 $11,500

1 4,990

2 7,180

3 4,640

4 1,680

Assuming the appropriate interest rate is 9 percent, what is the MIRR for this project using the discounting approach?

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