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Ingram Electric is considering a project with an initial cash outflow of $800,000. This project is expected to have cash inflows of $350,000 per year

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Ingram Electric is considering a project with an initial cash outflow of $800,000. This project is expected to have cash inflows of $350,000 per year in years 1, 2 and 3. The company has a WACC of 9.25% which is used as its reinvestment rate. What is the project's modified internal rate of return (MIRR)

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