(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 $1 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 13 percent

c. A required rate of return of 16 percent

(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 $1 million per year for 8 years. Calculate the project's MIRR given: a. A required rate of retum of 9 percent b. A required rate of return of 13 percent c. A required rate of retum of 16 percent a. If the required rate of retum is 9 percent, what is the project's MIRR? % (Round to two decimal places.) b. If the required rate of return is 13 percent, what is the project's MIRR? % (Round to two decimal places.) c. If the required rate of retum is 16 percent, what is the project's MIRR? % (Round to two decimal places.)