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Management of Sheridan Home Furnishings is considering acquiring a new machine that can create customized window treatments. The equipment will cost $317,550 and will generate

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Management of Sheridan Home Furnishings is considering acquiring a new machine that can create customized window treatments. The equipment will cost $317,550 and will generate cash flows of $74,750 over each of the next six years. If the cost of capital is 11 percent, what is the MIRR on this project? (Round intermediate calculations to 4 decimal ploces, eg. 15.1534 and final answer to 2 decimal places, es. 15.52\%. Do not round factor values.) MIRR %

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