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QUESTION 6 A project costs $41,200 to initiate. It is expected to provide cash flows of $23,500 in Year 1 and $46,000 in Year 2 . In Year 3, it will cost the firm $5,000 to end the project. What is the modified IRR (MIRR) at a discount rate of 14 percent? 23.90%23.57%23.02%22.66%22.14%

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