What is the project mirr

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Edelman Engineering is considering including one piece of equipment, an overhead pulley system, in this year's capital budget. The cash outlay for the pulley system is $22,430. The firm's WACC is 12%. What is the project's MIRR. Cash flows for the project are as follows:

Year. Pulley

1 $7,500

2 $7,500

3 $7,500

4 $7,500

5 $7,500

Select one:

a. 17.19%

b. 16.26%

c. 15.18%

d. 12.75%

Reference no: EM132515550

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