Question: Back to Assignment Attempts Keep the Highest / 1 7. Problem 10-03 (MIRR) BA eBook MIRR A project has an initial cost of $70,000, expected

 Back to Assignment Attempts Keep the Highest / 1 7. Problem

Back to Assignment Attempts Keep the Highest / 1 7. Problem 10-03 (MIRR) BA eBook MIRR A project has an initial cost of $70,000, expected net cash inflows of $12,000 per year for 9 years, and a cost of capital of 10%. What is the project's MIRR? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to two decimal places. %

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