Question: Question 3 (3 points) Mirha Enterprises is analyzing an expansion project with an initial investment of $8,000. The frim is expected to generate cash flows

Question 3 (3 points) Mirha Enterprises is analyzing an expansion project

Question 3 (3 points) Mirha Enterprises is analyzing an expansion project with an initial investment of $8,000. The frim is expected to generate cash flows of $4,000 in year 1. $5,000 in year 2, $3,000 in year 3 and $2,000 in year 4. If Mirha's wacc is 6%, what is this project's internal rate of return

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