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Duo Corporation is evaluating a project with the following cash flows: Year Cash Flow 0 $ 53,000 1 16,700 2 21,900 3 27,300 4 20,400

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

Year Cash Flow
0 $ 53,000
1 16,700
2 21,900
3 27,300
4 20,400
5 8,600

The company uses an interest rate of 8 percent on all of its projects. Calculate the MIRR of the project using all three methods.

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

(ANSWER IS NOT 16.89% for the first one and 13.65% for the second)

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