Edelman Electric Systems Is Considering a Project That Has the Following

question 45

Multiple Choice

Edelman Electric 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. $\begin{array}{lcccc}\text { WACC: } & 10.00 \% \\\text { Year: } & 0 & 1 & 2 & 3 \\\hline \text { Cash flows: } & -\$ 800 & \$ 350 & \$ 350 & \$ 350\end{array}$

• A)9.58%
• B)10.64%
• C)11.82%
• D)13.14%

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