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Solo Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 $ 47,000 1 16,900 2 20,300 3 25,800 4 19,600
Solo Corp. is evaluating a project with the following cash flows: |
Year | Cash Flow | |||
0 | $ | 47,000 | ||
1 | 16,900 | |||
2 | 20,300 | |||
3 | 25,800 | |||
4 | 19,600 | |||
5 | 9,500 | |||
The company uses a discount rate of 11 percent and a reinvestment rate of 8 percent on all of its projects. |
a. | Calculate the MIRR of the project using the discounting approach method. (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 method. (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 method. (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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