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: 9.75% Year 0 1 2 Cash flows -$1,000 $450 $450 $450 O 14.11% O 15.52% O 15.81% 10.72% O 17.22% Masulis Inc. is considering a project that has the following cash flow and WACC data. What is the project's discounted payback? WACC: 10.00% Year 0 1 2 3 4 Cash flows -$1,300 $525 $485 $445 $405 2.62 years 3.32 years 2.75 years 3.42 years 3.05 years