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Tangshan Mining Company is considering investing in a new mining project. The firm's cost of capital is 1 0 percent and the project is expected

Tangshan Mining Company is considering investing in a new mining project. The firm's cost of capital is 10 percent and the project is expected to have an initial after-tax cost of 100,000 Furthermore, the project is expected to provide after-tax operating cash flows of $10,000 in year 1,$60,000 in year 2 and $80,000 in year 3. Calculate the project's MIRR.
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