Question
Solo Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 -28,500 1 10,700 2 13,400 3 15,300 4 12,400 5
Solo Corp. is evaluating a project with the following cash flows:
Year | Cash Flow |
0 | -28,500 |
1 | 10,700 |
2 | 13,400 |
3 | 15,300 |
4 | 12,400 |
5 | -8,900 |
The company uses an interest rate of 10 percent on all of its projects.
*Please show how to solve using excel*
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.)
*Please show how to solve using excel*
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