Question: Please explain the calculation QUESTION 3 Ehrmann Data Systems is considering a project that has the following cash flow and WACC data. What is the

Please explain the calculation

QUESTION 3 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: 10.0096 Year 2 3 Cash flows $1,000 $450 $450 $450
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