Question: Edison Electric Systems is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note that a project's
Edison Electric Systems 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 MIR can be less than the WACC (and even negative), in which case it will be rejected.
WACC = 10%
Year: 0. 1. 2. 3.
Cash flows: -$1000. $350. $370. $390
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