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Solo Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 (29,800) 1 12,000 2 14,700 3 16,600 4 13,700 5

Solo Corp. is evaluating a project with the following cash flows:
Year Cash Flow
0 (29,800)
1 12,000
2 14,700
3 16,600
4 13,700
5 (10,200)
The company uses an interest rate of 9 percent on all of its projects.
a.

Calculate the MIRR of the project using the discounting approach. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

b. Calculate the MIRR of the project using the reinvestment approach. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
c. Calculate the MIRR of the project using the combination approach. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

PLEASE USE EXCEL AND SHOW FORMULAS

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