Question: Problem 10-03 (MIRR) Check My Work (1 remaining) EE eBook MIRR project has an initial cost of $50,000, expected net cash inflows of $15,000 per

Problem 10-03 (MIRR) Check My Work (1 remaining) EE eBook MIRR project has an initial cost of $50,000, expected net cash inflows of $15,000 per year for 11 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. %
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