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Mittuch Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 $ 15,900 1 7,000 2 8,200 3 7,800 4 6,600
Mittuch Corp. is evaluating a project with the following cash flows:
Year | Cash Flow | |||||||||||||
0 | $ | 15,900 | ||||||||||||
1 | 7,000 | |||||||||||||
2 | 8,200 | |||||||||||||
3 | 7,800 | |||||||||||||
4 | 6,600 | |||||||||||||
5 | 4,000 | |||||||||||||
The company uses an interest rate of 8 percent on all of its projects. Calculate the MIRR of the project using all three methods. (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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