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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