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Solo Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 $13,000 1 6,000 2 6,400 3 6,100 4 5,000 5

Solo Corp. is evaluating a project with the following cash flows:
Year Cash Flow
0 $13,000
1 6,000
2 6,400
3 6,100
4 5,000
5 4,700

The company uses a disount rate of 11 percent and a reinvestment rate of 10 percent on all of its projects. Calculate the MIRR of the project using all three methods using these interest rates.

1. MIRR using the discounting approach?

2. MIRR using reinvestment approach?

3. MIRR using combination approach?

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