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Duo Corporation is evaluating a project with the following cash flows: Year Cash Flow 0 $ 2 9 , 6 0 0 1 1 1

Duo Corporation is evaluating a project with the following cash flows:
Year Cash Flow
0$ 29,600
111,800
214,500
316,400
413,500
510,000
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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