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Problem 11.03 (MIRR) Save Submit Assignment for Grau Question 6 of 1 Check My Work eBook Problem Walk-Through Project L requires an initial outlay at

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Problem 11.03 (MIRR) Save Submit Assignment for Grau Question 6 of 1 Check My Work eBook Problem Walk-Through Project L requires an initial outlay at t = 0 of $60,000, its expected cash inflows are $8,000 per year for years, and its WACC 9%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places %

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