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Solo Corp. is evaluating a project with the following cash flows: Year o 1 Cash Flow $28,400 10,600 13,300 15,200 12,300 8,800 2 3 4

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Solo Corp. is evaluating a project with the following cash flows: Year o 1 Cash Flow $28,400 10,600 13,300 15,200 12,300 8,800 2 3 4 5 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.) a. % b. Discounting approach MIRR Reinvestment approach MIRR Combination approach MIRR % c. %

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