Malholtra Inc A) 1445%
B) 12

Multiple Choice

Malholtra Inc.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. $$\begin{array} { l c c c c c } \text { WACC: } & { 10.00 \% } \\\text { Year } & 0 & 1 & 2 & 3 & 4 \\\hline \text { Cash flows } & - \$ 975 & \$ 300 & \$ 320 & \$ 340 & \$ 360\end{array}$$

A) 14.45%
B) 12.92%
C) 12.57%
D) 11.28%
E) 11.75%