1. Cornell Enterprises is considering a project that has the following cash flow and WACC data. What is the project's NPV? Note that a project's projected NPV can be negative, in which case it will be rejected. WACC: 10.00% Year 0 1 2 3 Cash flows -$2,000 $700 $850 $900
$ 9.48
$ 12.45
$15.03
$19.25
$21.18
2. 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. WACC: 10.00% Year 0 1 2 3 Cash flows -$2,000 $800 $800 $1,000
10.32%
11.35%
12.50%
13.78%
14.20%