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Solo Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 $ 28,800 1 11,000 2 13,700 3 15,600 4 12,700

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

Year Cash Flow
0 $ 28,800
1 11,000
2 13,700
3 15,600
4 12,700
5 9,200

The company uses a discount rate of 11 percent and a reinvestment 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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