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Solo Corp. is evaluating a project with the following cash flows: Year 0 1 2 3 4 5 Cash Flow -$13,000 5,800 6,500 6.200 5,100

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Solo Corp. is evaluating a project with the following cash flows: Year 0 1 2 3 4 5 Cash Flow -$13,000 5,800 6,500 6.200 5,100 -5,600 The company uses a disount rate of 11 percent and a reinvestment rate of 7 percent on all of its projects. Calculate the MIRR of the project using all three methods using these interest rates a. MIRR using the discounting approach 17.77% 17.26% 16.07% 14.88% 16.92% b. MIRR using the reinvestment approach. 11.62% 14.33% 12.20% 11.85% 11.04% c. MIRR using the combination approach. 11.49% 12.77% 12.06% 11.72% 10.92%

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