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The Edward's Lumber Company (ELC) is considering a project with a cost of $1,500 at time = 0 and inflows of $500 at the end

The Edward's Lumber Company (ELC) is considering a project with a cost of $1,500 at time = 0 and inflows of $500 at the end of Years 1 - 10. ELC's cost of capital is 10 percent. What is the project's modified IRR (MIRR)?

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