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MIRR Project K costs $52,125, its expected cash inflows are $12,000 per year for 8 years, and its WACC is 12%. What is the project's

MIRR Project K costs $52,125, its expected cash inflows are $12,000 per year for 8 years, and its WACC is 12%. What is the project's MIRR? Round to TWO decimal places. Please explain how you got your answer.

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