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Solo Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 $28,000 10,200 2 12,900 3 14,800 4 11,900 1 5
Solo Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 $28,000 10,200 2 12,900 3 14,800 4 11,900 1 5 8,400 The company uses a discount rate of 13 percent and a reinvestment rate of 6 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.)
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