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Calculate the IRR and MIRR for the following series of cash flows:
Year Cash Flow
CY ($450,000)
CY + 1 $79,000
CY + 2 $125,000
CY + 3 $140,000
CY + 4 $135,000
CY + 5 $45,000
Assume a prevailing discount rate of 7%
Financial Management, Finance
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