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Duo Corporation is evaluating a project with the following cash flows. The company uses a discount rate of 8 percent and a reinvestment rate of
Duo Corporation is evaluating a project with the following cash flows. The company uses a discount rate of 8 percent and a reinvestment rate of 5 percent on all of its projects.
Year | Cash Flow |
0 | $ 15,300 |
1 | 6,400 |
2 | 7,600 |
3 | 7,200 |
4 | 6,000 |
5 | 3,400 |
Calculate the MIRR of the project using all three methods with these interest rates.
Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.
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Step: 1
To calculate the MIRR Modified Internal Rate of Return of the project we need to use the three metho...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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