Illustrate what is the project mirr

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Q. Ehrmann Data Systems is considering a project that has the subsequent cash flow and WACC data. Illustrate 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

Reference no: EM13122300

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