Question: CENGAGE | MINDTAP Search this course Problem Set 2 O X Back to Assignment Attempts |O o Keep the Highest 0 Problem 10-03 (MIRR) eBook

CENGAGE | MINDTAP Search this course Problem Set 2 O X Back to Assignment Attempts |O o Keep the Highest 0 Problem 10-03 (MIRR) eBook MIRR A project has an initial cost of $75,000, expected net cash inflows of $12,000 per year for 12 years, and a cost of capital of 14%. 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. Grade it Now Save & Continue Continue without saving

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