Computer Consultants Inc A) 932%
B) 10

Multiple Choice

Computer Consultants 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 MIRR can be less than the WACC (and even negative) ,in which case it will be rejected. $\begin{array}{lcccc}\text { WACC: } & 10.00 \% \\\text { Year } & 0 & 1 & 2 & 3 \\\text { Cash flows } & -\$ 1,000 & \$ 450 & \$ 450 & \$ 450\end{array}$

A) 9.32%
B) 10.35%
C) 11.50%
D) 12.78%
E) 14.20%