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28. Malholtra Inc. is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note that a project's

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28. Malholtra Inc. 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: Year Cash flows 10.00% 0 -$975 $300 2 $320 3 $340 4 $360 O a. 13.04% Ob.9.16% Oc 14.10% Od 11.98% O e 11.75%

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