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Project L requires an initial outlay at t=0 of $40,000, its expected cash inflows are $12,000 per year for 9 years, and its WACC
Project L requires an initial outlay at t=0 of $40,000, 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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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
15th edition
1337671002, 978-1337395250
