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Solo Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 $ 28,900 1 11,100 2 13,800 3 15,700 4 12,800
Solo Corp. is evaluating a project with the following cash flows: |
Year | Cash Flow | ||
0 | $ | 28,900 | |
1 | 11,100 | ||
2 | 13,800 | ||
3 | 15,700 | ||
4 | 12,800 | ||
5 | 9,300 | ||
The company uses an interest rate of 9 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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