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: Year Cash flows a. 22.93% Ob. 20.19% O c. 17.45% d. 24.53% e. 20.67% 7.00% 0 -$1,000 $540 2 $540 3 $540

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. a. 22.93% b. 20.19% c. 17.45% d. 24.53% e. 20.67%