Studies indicate that Honda has a WACC of 6% per year. Due to the nature of this contract business, any excess funds generated are expected to earn at a rate of 9% per year. Use the modified ROR method to determine the EROR value for the given cash flow series. (X0=$1,900, X1=$-900, X2=$-6,200, X3=$5,700) Your answer: 13.4% 17.2% 6% 17.7% 8.6% 2.6% 10.3% 3.9% 6.5% Clear