Question: Check My Work (3 remaining) E eBook Problem Walk-Through Project L requires an initial outlay att 0 of $40,000, its expected cash inflows are $12,000

 Check My Work (3 remaining) E eBook Problem Walk-Through Project L

Check My Work (3 remaining) E eBook Problem Walk-Through Project L requires an initial outlay att 0 of $40,000, its expected cash inflows are $12,000 per year for 9 years, and its WACC is 14%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places. 96

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