Question

For a firm with a weighted average cost of capital of 11.8%, what is the modified...

For a firm with a weighted average cost of capital of 11.8%, what is the modified internal rate of return (MIRR) of the potential project below?   Enter the answer in decimal format, rounding at 4 decimal places (e.g., 1.52% would be entered as .0152).

Period            Cash Flow
   0                -$100
   1                 $29
   2                 $-11
   3                 $53
   4                 $65

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