Question: Ehrmann Data Systems is considering a project that has the following cash flow and WACC data. What is the project's MIRR? (Do not round off
Ehrmann Data Systems is considering a project that has the following cash flow and WACC data. What is the project's MIRR? (Do not round off intermediate answers.)
| Year | Cash flows |
| 0 | -$10,000 |
| 1 | $5,000 |
| 2 | $5,000 |
| 3 | $5,000 |
| WACC | 12% |
Group of answer choices
12.00%
23.38%
20.09%
19.05%
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
