Ehrmann Data Systems Is Considering a Project That Has the Following

question 14

Multiple Choice

Ehrmann 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.

• A) 9.32%
• B) 10.35%
• C) 11.50%
• D) 12.78%
• E) 14.20%