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Management of Pharoah Home Furnishings is considering acquiring a new machine that can create customized window treatments. The equipment will cost $ 2 4 1

Management of Pharoah Home Furnishings is considering acquiring a new machine that can create customized window treatments.
The equipment will cost $241,550 and will generate cash flows of $67,750 over each of the next six years. If the cost of capital is 10
percent, what is the MIRR on this project? (Round intermediate calculations to 4 decimal places, e.g.15.1534 and final answer to 2 decimal
places, e.g.15.52%. Do not round factor values.)
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