Duo Corporation is evaluating a project with the following cash flows. The company uses a discount rate of 12 percent and a reinvestment rate of 9 percent on all of its projects.

Year	Cash Flow
0	$ 15,100
1	6,200
2	7,400
3	7,000
4	5,800
5	3,200

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

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 %

Anderson International Limited is evaluating a project in Erewhon. The project will create the following cash flows:

Year	Cash Flow
0	$ 588,000
1	218,000
2	161,000
3	226,000
4	205,000

All cash flows will occur in Erewhon and are expressed in dollars. In an attempt to improve its economy, the Erewhonian government has declared that all cash flows created by a foreign company are blocked and must be reinvested with the government for one year. The reinvestment rate for these funds is 5 percent. Assume Anderson uses a required return of 12 percent on this project.

What is the NPV of the project?

Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.

What is the IRR of the project?

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

Find:

NPV

IRP %