23:46 Homework Capital Budgeting.docx Old WACC: 8.00% New ACC: 11.25% Year Cash flows $1,000 $410 $410 $410 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: 10.00% 2 123 Cash flows $1,000 $4 $40 $450 Tesar Chemicals is considering Projects s and L, whose cash flows are shown below These projects are mutually exclusive equally risky, and not repeatable. The CEO believes the IRR is the best selection criterion, while the CFO advocates the NPV. If the decision is made by choosing the project with the higher IRR rather than the one with the higher NPV, how uch, if any value will be forgone, 1.e, what's the chosen NPV versus the maximum possible NPV? Note that () "true value" is reasured by 23:46 Homework Capital Budgeting.docx Old WACC: 8.00% New ACC: 11.25% Year Cash flows $1,000 $410 $410 $410 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: 10.00% 2 123 Cash flows $1,000 $4 $40 $450 Tesar Chemicals is considering Projects s and L, whose cash flows are shown below These projects are mutually exclusive equally risky, and not repeatable. The CEO believes the IRR is the best selection criterion, while the CFO advocates the NPV. If the decision is made by choosing the project with the higher IRR rather than the one with the higher NPV, how uch, if any value will be forgone, 1.e, what's the chosen NPV versus the maximum possible NPV? Note that () "true value" is reasured by