Question: A project has an initial cost of $37,025, expected net cash inflows of $9,000 per year for 12 years, and a cost of capital of

A project has an initial cost of $37,025, expected net cash inflows of $9,000 per year for 12 years, and a cost of capital of 10%. What is the project's MIRR? Round your answer to two decimal places.

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