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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

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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) 9.001 2 Year 0 1 2 3 Cash flows -$1,000 $450 $450 $450 13.84% 14.53% 17.1994 13.25% OO 13.70%

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