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( MIRR calculation ) Artie's Wrestling Stuff is considering building a new plant. This plant would require an initial cash outlay of $ 7 million

(MIRR calculation) Artie's Wrestling Stuff is considering building a new plant. This plant would require an initial cash outlay of $7 million and would generate annual free cash inflows of $3 million per year for 7 years. Calculate the project's MIRR given:
a. A required rate of return of 10 percent
b. A required rate of return of 11 percent
c. A required rate of return of 16 percent
a. If the required rate of return is 10 percent, what is the project's MIRR?
%(Round to two decimal places.)
b. If the required rate of return is 11 percent, what is the project's MIRR?
%(Round to two decimal places.)
c. If the required rate of return is 16 percent, what is the project's MIRR?
%(Round to two decimal places)
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