Question: Back to Assignment Attempts: Average: /1 3. Problem 11.03 Click here to read the eBook: Modified Internal Rate of Return (MIRR) MIRR Project L costs

 Back to Assignment Attempts: Average: /1 3. Problem 11.03 Click here

Back to Assignment Attempts: Average: /1 3. Problem 11.03 Click here to read the eBook: Modified Internal Rate of Return (MIRR) MIRR Project L costs $40,000, its expected cash inflows are $14,000 per year for 8 years, and its WACC is 9%. What is the project's MIRR? Round your answer to two decimal places. Do not round your intermediate calculations. % Grade it Now Save & Continue Continue without saving

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