1 2 3 4 5 6 7 8 9 Question 2 Studies indicate that Honda has a WACC of 9% per year. Due to the nature of this contract business, any excess funds generated are expected to earn at a rate of 8% per year. Use the modified ROR method to determine the EROR value for the given cash flow series. (XO=$1,600, X1=$-800, X2=$-6,000, X3=$5,300) Your answer: O 2% O 12.2% O 1.2% 7.3% 0 5.7% 0 8.1% O 10.2% 0 3.7% O 3.3% Clear answer Back Next Pause test