Crenshaw Enterprises has gathered projected cash flows for two projects.

Year	Project I	Project J
0	$ 261,000	$ 261,000
1	113,900	91,600
2	105,200	100,100
3	89,200	102,100
4	78,200	109,100

At what interest rate would the company be indifferent between the two projects?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.

Which project is better if the required return is above this interest rate?

Find:

Interest rate

Duo Corporation is evaluating a project with the following cash flows:

Year	Cash Flow
0	$ 15,700
1	6,800
2	8,000
3	7,600
4	6,400
5	3,800

The company uses an interest rate of 12 percent on all of its projects. Calculate the MIRR of the project using all three methods.

Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.

find:

Discounting approach %

Reinvestment approach %

Combination approach %