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You are considering an investment project with the cash flows of -500 (the initial cash flow), 800 (cash flow at year 1), -100 (cash flow

You are considering an investment project with the cash flows of -500 (the initial cash flow), 800 (cash flow at year 1), -100 (cash flow at year 2). Given the discount rate of 10%, compute the Modified Internal Rate of Return (MIRR) using the discounting approach.

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