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s Problem 11.03 (MIRR) Check My Work (3 remaining) eBook Problem Walk-Through Project L requires an initial outlay at t = 0 of $45,000, its

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s Problem 11.03 (MIRR) Check My Work (3 remaining) eBook Problem Walk-Through Project L requires an initial outlay at t = 0 of $45,000, its expected cash inflows are $15,000 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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