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Given the following cash flow information; calculate the modified internal rate of return (discount approach). 0 $28,300 1 10,500 2 13,200 3 15,100 4 12,200

Given the following cash flow information;

calculate the modified internal rate of return (discount approach).

0

$28,300

1

10,500

2

13,200

3

15,100

4

12,200

5

8,700

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