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Dende Automotive is considering adding state safety inspections to its service offerings. The equipment necessary to perform inspections will cost $507,000 and will generate cash

Dende Automotive is considering adding state safety inspections to its service offerings. The equipment necessary to perform inspections will cost $507,000 and will generate cash flows of $177,000 over each of the next five years. If the cost of capital is 14 percent, what is the MIRR on this project?

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