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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 $6 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 $6 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. Arequired rate of return of 15 percent a. If the required rate of return is 9 percent, what is the project's MIRR? 1% (Round to two decimal places.)

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