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Yellow Day has a project with the following cash flows: Year Cash Flows 0: −$25,400 1:...

Yellow Day has a project with the following cash flows:

Year Cash Flows

0: −$25,400

1: 9,750

2: 13,900

3: 8,760

4: −2,800

What is the MIRR for this project using the reinvestment approach? The interest rate is 7 percent

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