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Find the Modified internal Rate of Return (MIRR) for the following series of future cash flows, given a discount rate of 11%: Year 0: -$22,000;
Find the Modified internal Rate of Return (MIRR) for the following series of future cash flows, given a discount rate of 11%: Year 0: -$22,000; Year 1: $5,000; Year 2: $6,000; Year 3: $7,000; Year 4: $7, 500; and, Year 5: $8,000. A. About 13.12% B. About 12.88% C. About 12.13% D. About 13.04%
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