Question: Round answer to two decimal places. Project L costs $45,000, its expected cash inflows are $12,000 per year for 8 years, and its WACC is

Round answer to two decimal places.

Project L costs $45,000, its expected cash inflows are $12,000 per year for 8 years, and its WACC is 14%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places. 21.55 0 %

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