Alyseka Salmon Inc. a large salmon canning firm has a new automated production line project it is considering. The project has a cost of $275,000 and is expected to provide after tax cash flows of $73,306 for 8 years. The firms management is uncomfortable with the IRR reinvestment assumption and prefers the MIRR approach. If the firms current WACC is 12 percent, what is the projects MIRR?

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