Question: John Diners is considering a project with the following expected cash flows (in millions of dollars): Project Year Cash Flow -$300 -100 70 3 125
John Diners is considering a project with the following expected cash flows (in millions of dollars): Project Year Cash Flow -$300 -100 70 3 125 700 The project's WACC is 10%. What is the project's MIRR? Should you accept this project? (Hint: There are two negative cash flows) O 1 2 4 1) 13.22%; accept the project. 2) 8.23%; reject the project. 3) 23.93%; accept the project. 4) 7.15%; reject the project
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