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Hindelang Inc. 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

Hindelang Inc. 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: 7.25%

Year 0 1 2 3 4

Cash flows -$850 $330 $350 $370 $390

a. 19.13%

b. 17.35%

c. 14.09%

d. 21.96%

e. 17.07%

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