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Happy Cards is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note that a project's MIRR
Happy Cards is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note that a project's MIRR can be less than the WACC (and even negative), in which case it will be rejected.
WACC: 10.00%
| Year | 0 | 1 | 2 | 3 |
| Cash Flows | -20,000 | 35,000 | 0 | 35,000 |
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