Ingram Electric Products is considering a project that has the following cash flow and WACC...
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Accounting
Ingram Electric Products 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:
12.25%
Year
0
1
2
3
Cash flows
-$800
$400
$400
$400
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