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answer to two decimal places. % Project L requires an initial outlay at t = O of $55,000, its expected cash inflows are $14,000 per

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answer to two decimal places. %

Project L requires an initial outlay at t = O of $55,000, its expected cash inflows are $14,000 per year for 9 years, and its WACC is 10%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places.

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