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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: 9.75% Year 0 1 2 3 Cash flows -$1,000 $450 $450 $450 - 14.11% - 15.52% - 15.81% - 10.72% - 17.22%
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