A project requires an investment of $ 1 5 0 0 today and generates a payment every
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Question:
A project requires an investment of $ today and generates a payment every days.
Specifically, it pays $ in days, $ in days, $ in days, $ in days.
Suppose that you can borrow at pa compounded annually and reinvest your cash at pa compounded annually.
The modified IRR of this project is per annum, compounded annually.
Note: assume that year includes days.
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