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Project L requires an initial outlay at t = 0 of $40,000, its expected cash inflows are $14,000 per year for 9 years, and
Project L requires an initial outlay at t = 0 of $40,000, its expected cash inflows are $14,000 per year for 9 years, and its WACC is 14%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places. %
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Multinational financial management
Authors: Alan c. Shapiro
10th edition
9781118801161, 1118572386, 1118801164, 978-1118572382
