Question
Solo Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 $ 30,000 1 - 12,200 2 - 14,900 3 -
Solo Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 $ 30,000 1 - 12,200 2 - 14,900 3 - 16,800 4 - 13,900 5 10,400 The company uses an interest rate of 8 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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