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Question 17 5 pts Shoppers Drug Mart is considering a project that has the following cash flows, WACC, and reinvestment rate data. WACC: 13.30% Reinvestment

Question 17 5 pts Shoppers Drug Mart is considering a project that has the following cash flows, WACC, and reinvestment rate data. WACC: 13.30% Reinvestment rate: 11.30% Year 0 2 3 Cash flows -$630 $300 $300 $300 1 Calculate the project's Modified Internal Rate of Return (MIRR). (Provide your answer in percentage with two decimal places.)

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