Solo Corp. is evaluating a project with the following cash flows: Year .................. Cash Flow 0 .........................

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Solo Corp. is evaluating a project with the following cash flows: 

Year .................. Cash Flow
0 ......................... −$47,000
1 ............................. 16,900
2 ............................. 20,300
3 ............................ 25,800
4 ............................ 19,600
5 ........................... − 9,500


The company uses an interest rate of 10 percent on all of its projects. Calculate the MIRR of the project using all three methods.

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Fundamentals of Corporate Finance

ISBN: 978-1260153590

12th edition

Authors: Stephen M. Ross, Randolph W Westerfield, Robert R. Dockson, Bradford D Jordan

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