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Ingram Electric is considering a project with an initial cash outlow 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 outlow 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 7.65% which is used as its reirvestment rate. What is the project's modified internal rate of retum (MIRR)? Your answer should be between 11.00 and 13.72, rounded to 2 decimal places, with no specal characters

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