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PLEASE SHOW ALL WORK Malholtra Inc. is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note

PLEASE SHOW ALL WORK

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 -$975 $300 $320 $340 $360
a. 11.75%
b. 12.57%
c. 11.28%
d. 14.45%

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