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%
Correct Answer:
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