Current Attempt in Progress

Management of Sandhill Home Furnishings is considering acquiring a new machine that can create customized window treatments.

The equipment will cost $$308,550$ and will generate cash flows of $$101,750$ over each of the next six years. If the cost of capital is $12$

percent, what is the MIRR on this project? $($Round intermediate calculations to $4$ decimal places, e$.$g$.15\mathrm{.}1534$ and final answer to $2$ decimal

places, e$.$g$.15\mathrm{.}52\%.$ Do not round factor values.$)$

MIRR

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