A project has an initial cost of $35,000, expected net cash…
A project has an initial cost of $35,000, expected net cash inflows of $8,000 per year for 9 years, and a cost of capital of 8%. What is the project’s MIRR? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to two decimal places. Do not include the % sign. exam spreadsheet for final exam.xlsx