Solo Corp. is evaluating a project with the following cash flows: Year 1 2 3 4 5 Cash Flow -$29,600 11,800 14,500 16,400 13,500 -10,000 The company uses an interest rate of 10 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. An investment project costs $18,900 and has annual cash flows of $3,800 for six years. a. What is the discounted payback period if the discount rate is zero percent? 4.97 b. What is the discounted payback period if the discount rate is 4 percent? 5.31 c. What is the discounted payback period if the discount rate is 21 percent? Never