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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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