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Hitch Petroleum. Inc. is trying to evaluate a generation project with the following cash flows:...

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Finance

Hitch Petroleum. Inc. is trying to evaluate a generation project with the following cash flows:

Year Cash Flow

0 -$20,000

1 40,000

2 -10,000

Compute the MIRR for this project using an 8% discount rate.

Please show all equations used, and no excel charts. Thank you!

no BA calculator please

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