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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: 7.00% Year 0 1 2 3 Cash flows -$800 $350 $350 $350

a. 14.93%

b. 10.00%

c. 13.97%

d. 12.04%

e. 9.15%

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