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QUESTION 7 Ehrmann Data Systems is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note that

QUESTION 7Ehrmann Data Systems 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:11.75%Year0123Cash flows-$1,000$450$450$45012.03%12.32%16.63%13.96%14.85%

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