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P11-14 (similar to) Question Help Related to Checkpoint 116) (MRR Calculation) Emily's Soccer Mania is considering building a new plant. This project would require an

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P11-14 (similar to) Question Help Related to Checkpoint 116) (MRR Calculation) Emily's Soccer Mania is considering building a new plant. This project would require an initial cash outlay of 511 milion and would generate annual cash inflows of $2.5 milion year for years one through four. In year five the project will require an investment outlay of $42 milion. During years 6 through 10 the project will provide cash inflows of $42 million per year. Calculate the project's MIRR given discount rate of 12 percent The MIRR of the project with a discount rate of 12% 1 * (Round to two decimal places)

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