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Discount Rate = 9% What is the MIRR for the new project at Risky Business? % (Round to two decimal places.) Initial investment at start
Discount Rate = 9%
What is the MIRR for the new project at Risky Business? % (Round to two decimal places.) Initial investment at start of project: $11,700,000 Cash flow at end of year one: $2,106,000 Cash flow at end of years two through six: $2,340,000 each year Cash flow at end of years seven through nine: $2,527,200 each year Cash flow at end of year ten: $1,805,143Step by Step Solution
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