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Ingram Electric Products is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note that a project's
Ingram Electric Products 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: | 9.50% | |||
Year | 0 | 1 | 2 | 3 |
Cash flows | -$800 | $350 | $350 | $350 |
15.03%
13.73%
10.88%
12.95%
10.62%
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