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Problem 8-23 MIRR [LO 5] Duo Corporation is evaluating a project with the following cash flows. The company uses a discount rate of 9

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Problem 8-23 MIRR [LO 5] Duo Corporation is evaluating a project with the following cash flows. The company uses a discount rate of 9 percent and a reinvestment rate of 6 percent on all of its projects. Year 2 Cash Flow -$ 16,700 7,800 9,000 8,600 7,400 -4,800 Calculate the MIRR of the project using all three methods with these interest rates. Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Discounting approach Reinvestment approach Combination approach 13.78 % % %

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