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Zellars, Inc. is considering two mutually exclusive projects, A and B . Project A costs $ 9 5 , 0 0 0 and is expected

Zellars, Inc. is considering two mutually exclusive projects, A and B. Project A costs $95,000 and is expected to generate $65,000 in year one and $75,000 in year two. Project B costs $120,000 and is expected to generate $64,000 in year one, $67,000 in year two, $56,000 in year three, and $45,000 in year four. Zellars, Inc's required rate of return for these projects is 10%.The modified internal rate of return for Project A is?

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