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Problem 12-3 MIRR A project has an initial cost of $69,750, expected net cash inflows of $13,000 per year for 6 years, and a cost
Problem 12-3 MIRR
A project has an initial cost of $69,750, expected net cash inflows of $13,000 per year for 6 years, and a cost of capital of 9%. What is the project's MIRR? Round your answer to two decimal places.
Problem 12-3 MIRR A project has an initial cost of $69,750, expected net cash inflows of $13,000 per year for 6 years, and a cost of capital of 9%. What is the project's MIRR? Round your answer to two decimal placesStep by Step Solution
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