Question: Check My Work (1 remaining) AIRR project has an initial cost of $45,000, expected net cash inflows of $10,000 per year for 11 years, and
Check My Work (1 remaining) AIRR project has an initial cost of $45,000, expected net cash inflows of $10,000 per year for 11 years, and a ost of capital of 12%. What is the project's MIRR? (Hint: Begin by constructing a time line.) Do not round ntermediate calculations. Round yourhiswer to two decimal places. %
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