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Question 24 4 pts Dry-Sand Company is considering investing in a new project. The project will need an initial investment of $3,000,000 and will generate

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Question 24 4 pts Dry-Sand Company is considering investing in a new project. The project will need an initial investment of $3,000,000 and will generate $1,800,000 (after-tax) cash flows for three years. Calculate the MIRR (modified internal rate of return) for the project if the cost of capital is 13%. 18.62% 26.91% 23.43% 28.72%

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