Question
Solo Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 $ 29,400 1 11,600 2 14,300 3 16,200 4 13,300
Solo Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 $ 29,400 1 11,600 2 14,300 3 16,200 4 13,300 5 9,800 The company uses a discount rate of 12 percent and a reinvestment rate of 7 percent on all of its projects. a. Calculate the MIRR of the project using the discounting approach. (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. (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. (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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