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Duo Corporation is evaluating a project with the following cash flows: Year 0 cash flow -$29,200. Year 1 cash flow 11,400. Year2. cash flow 14,100.
Duo Corporation is evaluating a project with the following cash flows: Year 0 cash flow -$29,200. Year 1 cash flow 11,400. Year2. cash flow 14,100. Year 3 cash flow 16,000. year 4. cash flow 13,100. year 5 cash flow -9,600. The company uses interest rate of 9 percent on all of its projects. Calculate the MIRR of the project using the discounting approach.
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