Mirr Project L Costs 40 000 Its Expected Cash Inflows Are 8 000 Per Year For 8 Y

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MIRR

Project L costs $40,000, its expected cash inflows are $8,000 per year for 8 years, and its WACC is 12%. What is the project’s MIRR? Round your answer to two decimal places. Do not round your intermediate calculations.

 
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