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Chamberlain Corp. is evaluating a project with the following cash flows. The company uses a discount rate of 11 percent and a reinvestment rate of
Chamberlain Corp. is evaluating a project with the following cash flows. The company uses a discount rate of 11 percent and a reinvestment rate of 8 percent on all of its projects.
Year | Cash Flow | |||
0 | -16,000 | |||
1 | 7,100 | |||
2 | 8,300 | |||
3 | 7,900 | |||
4 | 6,700 | |||
5 | -4,100 | |||
Required: |
Calculate the MIRR of the project using all three methods using these interest rates. (Do not round intermediate calculations. Enter your answers as a percentage rounded to 2 decimal places (e.g., 32.16).) |
MIRR | |
Discounting approach | ? % |
Reinvestment approach | ? % |
Combination approach | ? % |
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