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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 9.00% Year 0 1 2 3 Cash flows $1,000 $450 $450 $450 O a. 14.53% O b.17.29% O c. 13.28% O d. 13.70% e. 13.84%

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