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D Question 3 5 pts Clyde has the opportunity to purchase a large building for $725,114. He will need to spend additional $114,092 to renovate

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D Question 3 5 pts Clyde has the opportunity to purchase a large building for $725,114. He will need to spend additional $114,092 to renovate and convert to an upscale dinning establishment. He estimates the following after tax cashflows. Year 6 cashflow includes the terminal value of the venture. What is the MIRR of the venture if Clyde's cost of capital is 12% (round to 2 decimal places). Year Cash-flows 1 89,393 2 103,964 3 114,624 2. 4 131,935 5 140,051 985,555 6 5 pts Question 4

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