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Slow Ride Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 $30,000 1 12,200 2 14,900 3 16,800 4 13,900
Slow Ride Corp. is evaluating a project with the following cash flows:
Year Cash Flow 0 $30,000 1 12,200 2 14,900 3 16,800 4 13,900 5 10,400
The company uses a 8 percent interest rate on all of its projects. Calculate the MIRR of the project using all three methods.
Required: (a) MIRR using the discounting approach.(Do not round your intermediate calculations.)
(b) MIRR using the reinvestment approach. (Do not round your intermediate calculations.)
(c) MIRR using the combination approach. (Do not round your intermediate calculations.)
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