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MIRR A project has an initial cost of $68,675, expected net cash inflows of $11,000 per year for 9 vears, and a cost of capital

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MIRR A project has an initial cost of $68,675, expected net cash inflows of $11,000 per year for 9 vears, 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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