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Ehrmann Data Systems is considering a project that has the following cash flow and WACC data. What is the project's MIRR?
Ehrmann Data Systems is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note that a project's projected MIRR can be less than the WACC (and even negative), in which case it will be rejected.Year 0 1 2 3 Cash flows -$1,000 $450 $450 $450 Answer 13.74% 11.41% 14.16% 12.23% 16.90%