13. Which of the following atatements Le CORRECE? Assume that the project being considered has normal cash flows, with one cash outflow at to Lollowed by a series of positive cash flowe. &. A project'. MIRR I always greater than to regular IRR. b. A project'. MIRR is always less than its regular IRR. a. Te project'. TRR is greater than its WACC, then its MIRR will be greater than the IRR. d. To find a project'. MIRR, we compound cash inflows at the regular IRR and then find the discount rate that causes the v ot the terminal value to equal the initial coat. .. To find project' MIRR, the textbook procedure compounds cach inflows at the WACC and then finds the discount rate that causes the PV of the terminal value to equal the initial cost. 14. Cornell Enterprises is considering a project that has the following cash flow and WACC data. What is the project'. NPV? Note that a project'. projected NPV can be negative, in which case it will be rejected. KACC: 10.000 Year Cash flows -$1,050 1 $450 2 $460 $470 a. $92.37 b. $96.99 e. $101.84 d. $106.93 e. $112.26 15. Datta Computer Systems is considering a project that has the following cash flow data. What is the project'. IRR? Note that a project's projected IRR can be less than the WACC (and even negative), in which case it will be rejected. 0 1 2 3 Cash flows -$1,100 $450 $490 Year $470 a. 9.708 b. 10.788 c. 11.98 d. 13.311 e. 14.64 16. Ehemann 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: 10.000 Year 0 Cash flows -$1,000 $450 $450 $450 a. 9.32 b. 10.358 MacBook Air