Watts Co. is considering a project that has the following ca…
Watts Co. is considering a project that has the following cash flow and cost of capital (r) data. What is the project’s MIRR? Note that a project’s MIRR can be less than the cost of capital (and even negative), in which case it will be rejected. r = 10.00% Year 0 1 2 3 4 Cash flows −$850 $300 $320 $340 $360