Question: Ehrmann Data 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

Ehrmann Data 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 MIRR can be less than the WACC (and even negative), in which case it will be rejected. WACC: 14.75% Year 0 1 2 3 Cash flows -$1,000 $410 $410 $410

a. 14.01%

b. 7.14%

c. 7.67%

d. 17.68%

e. 12.41%

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