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The Caffeine Coffee Company uses the modified internal rate of return. The firm has a cost of capital of 1 1 percent. The project being

The Caffeine Coffee Company uses the modified internal rate of return. The firm has a cost of capital of 11 percent. The project being analyzed is as follows ( $26,000 investment): Use Appendix A and Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods.
\table[[Year,Cash Flow],[1,$12,000
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