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Calculate the IRR and MIRR for the following series of cash flows: Year Cash Flow CY ($450,000) CY + 1 $79,000 CY + 2 $125,000

Calculate the IRR and MIRR for the following series of cash flows:

Year Cash Flow

CY ($450,000)

CY + 1 $79,000

CY + 2 $125,000

CY + 3 $140,000

CY + 4 $135,000

CY + 5 $45,000

Assume a prevailing discount rate of 7%

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