Miller and Sons is evaluating a project with the following cash flows:

Year	Cash Flow
0	$ 72,000
1	29,100
2	20,600
3	42,500
4	24,300
5	9,800

The company uses a 10 percent interest rate on all of its projects. What is the MIRR of the project using the reinvestment approach? The discounting approach? The combination approach?

Multiple Choice

18.54%; 17.29%; 13.67%

13.96%; 14.38%; 14.61%

18.54%; 18.23%; 18.61%

18.54%; 17.29%; 14.61%

13.96%; 17.85%; 13.67%