Question: Erhmann 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
Erhmann 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 MIRR can be less than the WACC (and even negative), in which case it will be rejected. WACC: 8.75% Year: 0, 1, 2, 3 Cash Flows: -$1000, $450, $450, $450
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