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Mittuch Corp. is evaluating a project with the following cash flows. The company uses a discount rate of 11 percent and a reinvestment rate of
Mittuch Corp. is evaluating a project with the following cash flows. The company uses a discount rate of 11 percent and a reinvestment rate of 8 percent on all of its projects.
Year | Cash Flow | |||
0 | $ | 16,000 | ||
1 | 7,100 | |||
2 | 8,300 | |||
3 | 7,900 | |||
4 | 6,700 | |||
5 | 4,100 | |||
Calculate the MIRR of the project using all three methods with these interest rates. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
MIRR | |
Discounting approach | % |
Reinvestment approach | % |
Combination approach | % |
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