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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 Cash Flow
0 $ 15,400
1 6,500
2 7,700
3 7,300
4 6,100
5 3,500

Required:

Calculate the MIRR of the project using all three methods using these interest rates.

Discounting approach
Reinvestment approach
Combination approach

(The MIRR needs to be in percentages for each approach please!)

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