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

Year Cash Flow

0 -19,500

1 7,930

2 9,490

3 8,970

4 7,210

5 -3,980

• The company uses an interest rate of 10 percent on all of its projects. Calculate the MIRR of the project using all three methods.
• discounting approach
• reinvestment approach
• Combination approach.