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MIRR A project has an initial cost of $ 6 5 , 0 0 0 , expected net cash inflows of $ 1 4 ,

MIRR A project has an initial cost of $65,000, expected net cash inflows of $14,000 per year for 12 years, and a cost of capital of 10%What is the project's MIRR? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to two decimal places

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