Project L requires an initial outlay at t -0 of $70,000, its expected cash intlows are $15,000 per year for 9 years, and
Posted: Tue Apr 26, 2022 10:54 am
Project L requires an initial outlay at t -0 of $70,000, its expected cash intlows are $15,000 per year for 9 years, and its WACC is 11%. What is the project's MIRR? Do not found intermediate calculations. Round your answer to two decimal places. 9