Question
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
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 |
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Information Systems Assurance
Authors: David C Chan
2nd Edition
150081458X, 9781500814588
