1.The company uses a discount rate of 11 percent and a reinvestment rate of 9 percent on all of its projects. Calculate the MIRR of the project using all three methods using these interest rates.

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

Year

Cash Flow

0

-$12,600

1

6,000

2

6,300

3

6,100

4

5,000

5

-4,500

a.MIRR using the discounting approach.

b.MIRR using the reinvestment approach.

c.MIRR using the combination approach.