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West Street Automotive is considering adding state safety inspections to its service offerings. The equipment necessary to perform these inspections will cost $546,000 and will

West Street Automotive is considering adding state safety inspections to its service offerings. The equipment necessary to perform these inspections will cost $546,000 and will generate cash flows of $191,000 over each of the next five years.

If the cost of capital is 17 percent, what is the MIRR on this project?

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