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Duo Corporation is evaluating a project with the following cash flows: Year Cash Flow 0 $ 2 8 , 4 0 0 1 1 0

Duo Corporation is evaluating a project with the following cash flows:
Year Cash Flow
0$ 28,400
110,600
213,300
315,200
412,300
58,800
The company uses an interest rate of 8 percent on all of its projects.
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.) 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.)

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