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ABC Corp. is evaluating a project with the following cash flows: Year: Cash Flow Year 0; -$29,200 Year 1: 11,400 Year 2: 14,100 Year 3;

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ABC Corp. is evaluating a project with the following cash flows: Year: Cash Flow Year 0; -$29,200 Year 1: 11,400 Year 2: 14,100 Year 3; 16,000 Year 4; 13,100 Year 5: -9,600 The company uses a discount rate of 13 percent and a reinvestment rate of 6 percent on all of its projects. Calculate the MIRR of the project using the combination approach. 13.87% 14.8796 10.87 11.87% 12.8796

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