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Deman Systems is considering a project that has the following cash flow and required return data. What is the project's MIRR? Would you accept or

Deman Systems is considering a project that has the following cash flow and required return data. What is the project's MIRR? Would you accept or reject the project?

Required return: 10.00%

Year

0

1

2

3

Cash flows

-$1,000

$450

$450

$450

14.20%; accept

14.20%; reject

16.65%; accept

16.65%; reject

15.42%; accept

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