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Solo 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

Solo 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 an interest rate of 8 percent on all of its projects.

Calculate the MIRR of the project using all three methods. a. MIRR using the discounting approach.

b. MIRR using the reinvestment approach.

c. MIRR using the combination approach.

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