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Problem 11.03 (MIRR) Questions of 11 Check My Work (2 remaining) eBook 11 Problem Walk-Through Project L requires an initial outlay at t = 0

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Problem 11.03 (MIRR) Questions of 11 Check My Work (2 remaining) eBook 11 Problem Walk-Through Project L requires an initial outlay at t = 0 of $65,000, its expected cash inflows are $12,000 per year for 9 years, and its WACC is 13%. What is the project's MIRR? Do not round Intermediate calculations. Round your answer to two decimal places

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