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MIRRA project has an initial cost of $50,000, expected net cashinflows of $8,000 per year for 11 years, and a cost of capital of9%. What

MIRRA project has an initial cost of $50,000, expected net cashinflows of $8,000 per year for 11 years, and a cost of capital of9%. What is the project's MIRR? (Hint: Begin byconstructing a time l 2 answers

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