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Solo Corp. is evaluating a project with the following cash flows: 1 Year Cash Flow 0 -$28,300 10,500 2 13,200 3 15,100 4 12,200 5
Solo Corp. is evaluating a project with the following cash flows: 1 Year Cash Flow 0 -$28,300 10,500 2 13,200 3 15,100 4 12,200 5 - 8,700 The company uses a discount rate of 13 percent and a reinvestment rate of 6 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.) % a. Discounting approach MIRR b. Reinvestment approach MIRR c. Combination approach MIRR %
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