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

Year Cash Flow

0 $ 29,600

1 11,800

2 14,500

3 16,400

4 13,500

5 10,000

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

Calculate the MIRR of the project using the discounting approach.

Calculate the MIRR of the project using the reinvestment approach.

Calculate the MIRR of the project using the combination approach.