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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 -$1,325 $300 $320 $340 $360

4.31%

3.50%

2.73%

3.78%

3.71%

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