Question: Malholtra Inc. (Ehrmann Data System) 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.
WACC: 10.00%
Year: 0 1 2 3 4
Cash flows: $1,175 $300 $320 $340 $360