# What is the Project's MIRR?

Question: Ingram Electric Products is considering a project that has the following cash flow and WACC data. What is the project's MIRR?

Note: A project's projected MIRR can be less than the WACC (and even negative), in which case it will be rejected.

Details:

WACC: 14.75%

Year 0 1 2 3

Cash flows -$800 $350 $350 $350

https://brainmass.com/business/modified-internal-rate-of-return/what-is-the-project-s-mirr-310635

#### Solution Summary

This solution illustrates how the MIRR can be calculated using Excel. This is a fairly basic calculation, but all necessary steps are included.

$2.19