bussiness 17

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: 12.75% Year 0 1 2 3 Cash flows -$1,000 $510 $510 $510 O a. 17.67% O b. 20.12% O c. 25.03% O d. 24.4596 O e. 15.239