Question: 16. PLEASE ANSWER ASAP CORRECTLY Ingram Electric Products is considering a project that has the following cash flow and WACC data. What is the project's
16. PLEASE ANSWER ASAP CORRECTLY
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: | 12.00% | |||
| Year | 0 | 1 | 2 | 3 |
| Cash flows | -$800 | $340 | $340 | $340 |
| a. 8.44% |
| b. 12.77% |
| c. 9.17% |
| d. 17.11% |
| e. 14.47% |
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