Question 15. of 15.) An investment group is raising capital for a value-added real estate private equity fund. The projected cash flows (in Millions) at the fund level are as follows: Time 0: -100 Year 1: 9 Year 2: 4 Year 3: -2 Year 4: 135 What is the MIRR if assumed reinvestment rate is 18% and the safe rate is 3%?
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