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MIRR A project has an initial cost of $64,850, expected net cash inflows of $13,000 per year for 10 years, and a cost of capital

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MIRR A project has an initial cost of $64,850, expected net cash inflows of $13,000 per year for 10 years, and a cost of capital of 13%. 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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