Question: Edelman Electric Systems is considering a project that has the following cash flow and WACC data. What is the projects MIRR? Initial investment (890.00) Cash
Edelman Electric Systems is considering a project that has the following cash flow and WACC data. What is the projects MIRR?
| Initial investment | (890.00) |
| Cash flow-yr-1 | 360.00 |
| Cash flow-yr-2 | 360.00 |
| Cash flow-yr-3 | 360.00 |
| WACC | 11.0% |
| A. | 10.57% | |
| B. | 9.95% | |
| C. | 10.00% | |
| D. | 11.05% |
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