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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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