Question
Slow Ride Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 -$ 29,000 111,200 213,900 315,800 412,900 5 - 9,400
Slow Ride Corp. is evaluating a project with the following cash flows:
Year Cash Flow
0 -$ 29,000
111,200
213,900
315,800
412,900
5 - 9,400
The company uses a 10 percent interest rate on all of its projects.
Calculate the MIRR of the project using thediscounting approach method.(Do not round intermediate calculations andround your final answer to 2 decimal places. (e.g., 32.16)
Calculate the MIRR of the project using thediscounting approach method.(Do not round intermediate calculations andround your final answer to 2 decimal places. (e.g., 32.16)
Calculate the MIRR of the project using thecombination approach method.(Do not round intermediate calculations andround your final answer to 2 decimal places. (e.g., 32.16))
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