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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 $8 million and would generate

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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 $8 million and would generate annual free cash inflows of $3 million per year for 8 years. Calculate the project's MIRR given: a. A required rate of return of 9 percent b. A required rate of return of 11 percent c. A required rate of return of 16 percent

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