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Solo Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 $ 28,200 1 10,400 2 13,100 3 15,000 4 12,100
Solo Corp. is evaluating a project with the following cash flows: |
Year | Cash Flow | ||
0 | $ | 28,200 | |
1 | 10,400 | ||
2 | 13,100 | ||
3 | 15,000 | ||
4 | 12,100 | ||
5 | 8,600 | ||
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. (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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