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Solo Corp. is evaluating a project with the following cash flows: Cash Flow Year 0 2 3 4 5 -$47,000 16,900 20,300 25,800 19,600 -
Solo Corp. is evaluating a project with the following cash flows: Cash Flow Year 0 2 3 4 5 -$47,000 16,900 20,300 25,800 19,600 - 9,500 The company uses an interest rate of 10 percent on all of its projects. a. Calculate the MIRR of the project using the discounting approach method. (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 method. (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 method. (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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