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Hi :) please be thorough in your explanation so i can understand how do each step.. possibly using excel. thank you so much Solo Corp.

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Hi :) please be thorough in your explanation so i can understand how do each step.. possibly using excel. thank you so much

Solo Corp. is evaluating a project with the following cash flows: Year 0 1 2 3 4 5 Cash Flow -$29,800 12,000 14,700 16,600 13,700 10,200 The company uses a discount rate of 13 percent and a reinvestment rate of 6 percent on all of its projects. Calculate the MIRR of the project using the discounting approach. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) MIRR % Calculate the MIRR of the project using the reinvestment approach. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) MIRR %

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