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Duo Corporation is evaluating a project with the following cash flows: Year Cash Flow 0 $ 29,300 1 11,500 2 14,200 3 16,100 4 13,200

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

Year Cash Flow
0 $ 29,300
1 11,500
2 14,200
3 16,100
4 13,200
5 9,700

The company uses a discount rate of 11 percent and a reinvestment rate of 8 percent on all of its projects.

a.

Calculate the MIRR of the project using the discounting approach. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

b. Calculate the MIRR of the project using the reinvestment approach. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
c. Calculate the MIRR of the project using the combination approach. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

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