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16.  Problem 11.21 (MIRR) Project A costs $4,000, and its cash flows are the same in Years 1...

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Finance

16.  Problem 11.21 (MIRR)

Project A costs $4,000, and its cash flows are the same in Years1 through 10. Its IRR is 16%, and its WACC is 9%. What is theproject's MIRR? Do not round intermediate calculations. Round youranswer to two decimal places.

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IRR is the rate at which PV of Cash Inflows are equal to ProjectCost In IRR it is    See Answer
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16.  Problem 11.21 (MIRR)Project A costs $4,000, and its cash flows are the same in Years1 through 10. Its IRR is 16%, and its WACC is 9%. What is theproject's MIRR? Do not round intermediate calculations. Round youranswer to two decimal places.

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