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Solo Corp. is evaluating a project with the following cash flows: Year 0 Cash Flow $ 28,900 Year 1 Cash Flow $11,100 Year 2 Cash

Solo Corp. is evaluating a project with the following cash flows:

Year 0 Cash Flow $ 28,900

Year 1 Cash Flow $11,100

Year 2 Cash Flow $13,800

Year 3 Cash Flow $15,700

Year 4 Cash Flow $12,800

Year 5 Cash Flow $ 9,300

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.

b.) Calculate the MIRR of the project using the reinvestment approach.

c.) Calculate the MIRR of the project using the combination approach.

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