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Pharoah Automotive is considering adding state safety inspections to its service offe ings. The equipment necessary to perform these inspections will cost $579,000 and will

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Pharoah Automotive is considering adding state safety inspections to its service offe ings. The equipment necessary to perform these inspections will cost $579,000 and will generate cash flows of $203,000 over each of the next five years. If the cost of capital is 14 percent, what is the MIRR on this project? (Round final answer to 1 decimal place, eg. 527.5.) MIRR \%

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