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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: 9.75% Year 2 3 Cash flows -$1,000 $450 $450 $450 14.11% 15.52% 15.81% 10.72% 17.22%

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