Project L requires an initial outlay at t = 0 of $55,000, its expected cash inflows are $10,000 per year for 9 years, an
Posted: Fri Jul 01, 2022 7:50 am
Project L requires an initial outlay at t = 0 of $55,000, its expected cash inflows are $10,000 per year for 9 years, and its WACC is 12%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places.