Ingram Electric Products is considering a project that has the following cash flow and WACC data. What

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Ingram Electric Products 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.

WACC: 14.75%

YearCash flows

0........($800)

1.........$350

2.........$350

3.........$350

1. 13.08%

2. 15.91%

3. 17.39%

4. 16.95%

5. 14.87%

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Foundations of Finance The Logic and Practice of Financial Management

ISBN: 978-0132994873

8th edition

Authors: Arthur J. Keown, John D. Martin, J. William Petty

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Question Posted: Jun 15, 2012 06:50 AM

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Ingram Electric Products is considering a project that has the following cash flow and WACC data. What

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Foundations of Finance The Logic and Practice of Financial Management

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