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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? WACC: 8.00% Year 0

Ehrmann Data Systems is considering a project that has the following cash flow and WACC data. What is the project's MIRR?

WACC: 8.00%

Year 0 1 2 3
Cash flows -$1,000 $425 $425 $425

Please show the how and why in your calculations. Thanks!

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