MIRR

Year Cashflow

0 -29,000

1 11,200

2 13,900

3 15,800

4 12,900

5 -9,400

Suppose the company in the previous problem uses an 11 percent discount rate and an 8 percent reinvestment rate on all of its projects. Calculate the MIRR of the project using all three methods using these interest rates. ( Discount Approach, Reinvestment, Combination).