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Bonus: Project Z has an initial cost of $67,833, and its expected net cash inflows are $12,250 per year for 9 years. The firm has
Bonus: Project Z has an initial cost of $67,833, and its expected net cash inflows are $12,250 per year for 9 years. The firm has a WACC of 10 percent, and Project Zs risk would be similar to that of the firm's existing assets. Calculate Project Z's modified internal rate of return (MIRR). O a. 11.00% b. 62.53% c. 10.00% d. 10.48% e. 5.54%
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