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MIRR A project has an initial cost of $49,350, expected net cash inflows of $12,000 per year for 11 years, and a cost of capital

MIRR A project has an initial cost of $49,350, expected net cash inflows of $12,000 per year for 11 years, and a cost of capital of 12%. What is the project's MIRR? Round your answer to two decimal places.

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