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Slow Ride Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 $12,400 1 5,900 2 6,200 3 5,900 4 4,800

Slow Ride Corp. is evaluating a project with the following cash flows:

Year Cash Flow
0 $12,400
1 5,900
2 6,200
3 5,900
4 4,800
5 4,400

The company uses a 11 percent discount rate and an 8 percent reinvestment rate on all of its projects. Calculate the MIRR of the project using all three methods using these interest rates.

#1 MIRR using the discounting approach :

#2 MIRR using the reinvestment approach:

#3 MIRR using the combination approach:

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