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Sample Test Problem 10.05 West Street Automotive is considering adding state safety inspections to its service offerings. The equipment necessary to perform these inspections will

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Sample Test Problem 10.05 West Street Automotive is considering adding state safety inspections to its service offerings. The equipment necessary to perform these inspections will cost $596,000 and will generate cash flows of $209,000 over each of the next five years. If the cost of capital is 12 percent, what is the MIRR on this project? (Round final answer to 1 decimal place, e.g. 527.5.) MIRR Click if you would like to Show Work for this question: Open Show Work

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