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Chamberlain Corp. is evaluating a project with the following cash flows. The company uses a discount rate of 10 percent and a reinvestment rate of
Chamberlain Corp. is evaluating a project with the following cash flows. The company uses a discount rate of 10 percent and a reinvestment rate of 7 percent on all of its projects.
Year | CashFlow |
0 | $-16,900 |
1 | 8,000 |
2 | 9,200 |
3 | 8,800 |
4 | 7,600 |
5 | -5,000 |
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).)
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