Question: Q: Ehrmann Data Systems is considering a project that has the following cash flow and WACC data. What is the projects MIRR? Note the project's
Q: Ehrmann Data Systems is considering a project that has the following cash flow and WACC data. What is the projects MIRR? Note the project's MIRR can be less than the WACC (and even negative), in which case is will be rejected.
WACC = 10.00%
Year 0 1 2 3
Cash Flow -$1,000 $450 $450 $450
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