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MIRR A project has an initial cost of $ 6 3 , 1 5 0 , expected net cash inflows of $ 1 3 ,

MIRR

A project has an initial cost of $

63, 150,

expected net cash inflows of $

13, 000

per year for

11

years, and a cost of capital of

11 % .

What is the project's MIRR? Round your answer to two decimal places.

%

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