Question: Hello, please include step by step instructions on how you came up with the result for the MIRR. Please return results today. Problem 10-03 -

Hello, please include step by step instructions on how you came up with the result for the MIRR. Please return results today.

Problem 10-03 - MIRR

A project has an initial cost of $74,300, expected net cash inflows of $10,000 per year for 7 years, and a cost of capital of 8%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places.

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