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A project will generate the following cash flows: -$10,250 in Year 0; $2,325 in Year 1; $3,450 in Year 2; $4,375 in Year 3; $1,400

A project will generate the following cash flows: -$10,250 in Year 0; $2,325 in Year 1; $3,450 in Year 2; $4,375 in Year 3; $1,400 in Year 4; and $1,425 in Year 5. If the company's cost of capital is 9%, what is the project's Modified IRR? Can you please do it on excel with shows your work? Thank you very much!

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