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eBook Problem Walk-Through Project L requires an initial outlay at t of $60,000, its expected cash inflows are $11,000 per year for 9 years, and

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eBook Problem Walk-Through Project L requires an initial outlay at t of $60,000, its expected cash inflows are $11,000 per year for 9 years, and its WACC IS 11%. What is the project's MIRR? Do not round Intermediate calculations, Round your answer to two decimal places %

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