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A project has the following Net Cash Flows: Year Cash Flow 0 ??? 1 400 2 500 3 600 4 700 At the projects cost

A project has the following Net Cash Flows:

Year Cash Flow

0 ???

1 400

2 500

3 600

4 700

At the projects cost of capital of 11% the project has an NPV of $800. What is the projects modified internal rate of return (MIRR)?

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