IRR - A project has an initial cost of $50,000, expected net cash inflows of $12,000 per year for 8 years, and a cost of capital of 9%. What is the project's IRR? Round your answer to two decimal places.
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MIRR - A project has an initial cost of $71,075, expected net cash inflows of $15,000 per year for 6 years, and a cost of capital of 8%. What is the project's MIRR? Round your answer to two decimal places.
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