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 Cash flows 3 S340 $850 S300 S320 $360 a. b. c. d. e. 14.08% 15.65% 17.2190 18.94% 20.83% Which of the following statements is CORRECT? a. One defect of the IRR method versus the NPV is that the IRR does not take account of cash flows over a project's full life. ba Iif the cost fal declines, this lowers a project's NPV