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Yellow Day has a project with the following cash flows: Year Cash Flows 0 $ 2 7 , 4 0 0 1 1 0 ,

Yellow Day has a project with the following cash flows:

Year Cash Flows

0

27, 400

1 10, 750

2 21, 900

3 9, 960

4 3, 800

What is the MIRR for this project using the reinvestment approach? The interest rate is

7

percent.

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