Ehrmann Data Systems is considering a project that has the following cash flow and WACC...
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Accounting
- 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:
8.75%
Year
0
1
2
3
Cash flows
-$1,000
$450
$450
$450
13.74%
11.41%
14.16%
12.23%
16.90%
| WACC: | 8.75% | |||
| Year | 0 | 1 | 2 | 3 |
| Cash flows | -$1,000 | $450 | $450 | $450 |
| 13.74% | ||
| 11.41% | ||
| 14.16% | ||
| 12.23% | ||
| 16.90% |
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