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Homework:Chapter 11 Homework Question 13, P11-14 (similar to) HW Score: 87.36%, 22.71 of 26 points Points: 0 of 2 Question content area top Part 1
Homework:Chapter 11 Homework Question 13, P11-14 (similar to) HW Score: 87.36%, 22.71 of 26 points Points: 0 of 2 Question content area top Part 1 (Related to Checkpoint 11.6)(MIRR calculation)Emily's Soccer Mania is considering building a new plant. This project would require an initial cash outlay of $10.5 million and would generate annual cash inflows of $2.5 million per year for years one through four. In year five the project will require an investment outlay of $6 million. During years 6 through 10 the project will provide cash inflows of $6 million per year. Calculate the project's MIRR, given a discount rate of 12 percent.
Question content area bottom Part 1:
The MIRR of the project with a discount rate of % is enter your response here%. (Round to two decimal places.)
PLEASE FIND MIRR (NEED ASAP)
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