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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 |
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