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a. MIRR

Project K costs $75,000, its expected cash inflows are $12,000 per year for 8 years, and its WACC is 12%. What is the project's MIRR? Round your answer to two decimal places.

= %

b. IRR

Project K costs $44,001.79, its expected cash inflows are $10,000 per year for 8 years, and its WACC is 14%. What is the project's IRR? Round your answer to two decimal places.

= %