In: Finance
2. What is the MIRR of a project that costs $696, generates free cash inflows of $211 at the end of each of the first 4 years and an outflow of 119 at the end of Year 5? The reinvestment rate is 7.43%. (Record your answer to the nearest 0.01%, drop the % symbol. E.g., if your answer is 10.7745%, record it as 10.77.)