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Bright Smile Inc. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's MIRR?

  

Bright Smile Inc. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's MIRR? Note that a project's MIRR can be less than the cost of capital (and even negative), in which case it will be rejected. r = 12.00% Year 0 1 2 3 Cash flows -$1,000 $550 $450 $350

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