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: Year Cash flows a. 18.10% b. 16.67% c. 14.47% d. 21.72% e. 21.57% 9.50% 0 -$1,000 1 $500 2 $500 3 $500

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. a. 18.10% b. 16.67% c. 14.47% d. 21.72% e. 21.57%