Question: Attempts Keep the Highest / 1 3. Problem 11.03 (MIRR) Project L requires an initial outlay at t=0 of $35,000, its expected cash inflows are

Attempts Keep the Highest / 1 3. Problem 11.03 (MIRR) Project L requires an initial outlay at t=0 of $35,000, its expected cash inflows are $14,000 per year for 9 years, and its wacc is 10%. What is the project's mirR? Do not round intermediate calculations. Round your answer to two decimal places. %
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