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Reddington Enterprises is considering the two capital budeting projects with the following cash flows that have a WACC of 11%. Year Redd Wine Vineyards Kaplan

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Reddington Enterprises is considering the two capital budeting projects with the following cash flows that have a WACC of 11%. Year Redd Wine Vineyards Kaplan Cleaners -200,000 -200,000 1 50,000 175,000 2 125,000 125,000 3 200,000 100,000 300,000 75,000 4 What is the MIRR for Redd Wine Vineyards at its WACC of 11%? 52.0% 57.296 31.0% 38.9% 43.4%

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