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Using a required rate of return equal to 1 4 percent, compute the modified internal rate of return ( MIRR ) for a project that

Using a required rate of return equal to 14 percent, compute the modified internal rate of return (MIRR) for a project that costs $82,000 and is expected to generate $40,000,$80,000, and -$12,900, respectively, during the next three years. Should the project be purchased? Do not round intermediate calculations. Round your answer to two decimal places.
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