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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