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Find the modified internal rate of return (MIRR) for the following series of future cash flows if the company can reinvest the cash flows from
Find the modified internal rate of return (MIRR) for the following series of future cash flows if the company can reinvest the cash flows from the project at an annual rate of 14.96%. The initial outlay is $314,600
Year 1: $139,500
Year 2: $176,300
Year 3: $189,300
Year 4: $163,100
Year 5: $175,800
Round the answers to two decimal points.
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