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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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