Question: Problem 6 Capital Budgeting (5 points) Ehrmann Data Systems is considering a project that has the following cash flow and WACC data, WACC-9.00%. What is

 Problem 6 Capital Budgeting (5 points) Ehrmann Data Systems is considering

Problem 6 Capital Budgeting (5 points) Ehrmann Data Systems is considering a project that has the following cash flow and WACC data, WACC-9.00%. What is the project's Modified IRR? (4 points) Based on your answer, should the company take the project? (1 point) Year Cash flows -$1,000$350 $450 $550

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