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21) Refer to the Capital Budgeting Narrative. What is the MIRR of the project? Capital...

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21) Refer to the Capital Budgeting Narrative. What is the MIRR of the project? Capital Budgeting Narrative (Use the following information for questions referring to the narrative.: Gevrek Communications is considering a new project. The initial investment required is $67,157.68 and the cost of capital is 9%. Expected cash flows over the next four years are given below: Years Cash Flow ($) 9,000 26,000 52,000 15,000 13.6% 14.2% 9.0% 13.1% 16.896

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