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ABC is considering a project that has the following cash flow and cost of capital data. What is the project's Modified Internal Rate of Return

ABC is considering a project that has the following cash flow and cost of capital data. What is the project's Modified Internal Rate of Return (MIRR)?

Cost of capital = 8%

Year Cash Flows

0 -1000

1 400

2 400

3 400

4 300

5 300

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