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asap please A project has an initial cost of $40,000, expected net cash inflows of $13,000 per year for 7 years, and o cost of

asap please
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A project has an initial cost of $40,000, expected net cash inflows of $13,000 per year for 7 years, and o cost of capital of 11%, What is the praject's MiRe? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to two decimal places

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