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Malholtra 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

Malholtra 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:

10.00%

Year

0

1

2

3

4

Cash flows

-$1975

$500

$520

$640

$460

a.

7.04%

b.

4.10%

c.

7.98%

d.

6.16%

e.

5.63%

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