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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: 14.00%
Year 0 1 2 3 4
Cash flows -$850 $320 $340 $360 $380
a. 19.03%
b. 16.18%
c. 23.00%
d. 13.29%
e. 25.19%

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