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Solo Corporation is evaluating a project with the following cash flows: Year Cash Flow 0 $ 13,300 1 6,000 2 6,700 3 6,400 4 5,300
Solo Corporation is evaluating a project with the following cash flows: Year Cash Flow 0 $ 13,300 1 6,000 2 6,700 3 6,400 4 5,300 5 5,800 The company uses a discount rate of 11 percent and a reinvestment rate of 9 percent on all of its projects. Calculate the MIRR of the project using all three methods using these interest rates.
a. MIRR using the discounting approach.
b. MIRR using the reinvestment approach.
c. MIRR using the combination approach.
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