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Edelman Electric Systems is considering a project that has the following cash flow and WACC data. What is the projects MIRR? Note that a projects

Edelman Electric Systems is considering a project that has the following cash flow and WACC data. What is the projects MIRR? Note that a projects projected MIRR can be less than the WACC (and even negative), in which case it will be rejected.

WACC: 10.00%
Year:

0

1

2

3

Cash flows:

$800

$350

$350

$350

a.

11.82%

b.

9.58%

c.

10.64%

d.

13.14%

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