Question: Question 6 5 pts A new project proposal involves an initial investment of $12 million, followed by cash flows of 3, 4 and 7 million.

 Question 6 5 pts A new project proposal involves an initial

Question 6 5 pts A new project proposal involves an initial investment of $12 million, followed by cash flows of 3, 4 and 7 million. What is the MIRR for this project? The firm's WACC is 10%. Enter your answer as a percentage, without the '%' sign, and rounded to 2 decimals. For example, if your answer is 0.05678, enter 5.68

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