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Avion Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 -$29,500 1 $11,700 2 $14,400 3 $16,300 4 $13,400 5

Avion Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 -$29,500 1 $11,700 2 $14,400 3 $16,300 4 $13,400 5 -$9,900 The company uses an interest rate of 9% on all of its projects. Calculate the MIRR of the project using the discounting approach.

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