Westwood Painting Co. is considering a project that has the following cash flow and WACC data. What is the project's MIRR? WACC: 12.25% Year 0 1 2 3 Cash flows -$850 $300 $320 $340 $360 20.04% 14.91% 13.42% 16.56% 18.22%

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter10: Capital Budgeting: Decision Criteria And Real Option
Section: Chapter Questions
Problem 21P
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Westwood Painting Co. is considering a project that has the following cash flow and
WACC data. What is the project's MIRR?
WACC: 12.25%
Year
0
1
2
3
Cash flows
-$850 $300 $320 $340 $360
20.04%
14.91%
13.42%
16.56%
18.22%
Transcribed Image Text:Westwood Painting Co. is considering a project that has the following cash flow and WACC data. What is the project's MIRR? WACC: 12.25% Year 0 1 2 3 Cash flows -$850 $300 $320 $340 $360 20.04% 14.91% 13.42% 16.56% 18.22%
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