Question: Anempts: Keep the Highest / 1 3. Problem 11.03 Click here to read the book: Modified Internal Rate of Return (MIRR) MIRR Project L costs
Anempts: Keep the Highest / 1 3. Problem 11.03 Click here to read the book: Modified Internal Rate of Return (MIRR) MIRR Project L costs $65,000, its expected cash inflows are $12,000 per year for 8 years, and its WACC is 14%. What is the project's MIRR? Round your answer to two decimal places. Do not round your intermediate calculations 96
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