Question: EDE Corp. is considering a project that has the following cash flow data. What is the project's MIRR? Year Cash flows 0 -$1,000 1 $500

EDE Corp. is considering a project that has the following cash flow data. What is the project's MIRR?

Year Cash flows

0 -$1,000

1 $500

2 $500

3 $700

WACC for the firm: 10%.

Select one:

a. 22.87%

b. 16.54%

c. 18.11%

d. 20%

Feedback The correct answer is: 22.87%

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