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Solo Corporation is evaluating a project with the following cash flows: Year Cash Flow

Solo Corporation is evaluating a project with the following cash flows: 
  
Year                      Cash Flow
0                            −$ 28,700
1                               10,900
2                               13,600
3                               15,500
4                                12,600
5                                  −9,100
  
The company uses an interest rate of 8 percent on all of its projects. Calculate the MIRR of the project using all three methods. 
  
a. MIRR using the discounting approach.
b. MIRR using the reinvestment approach.  
c. MIRR using the combination approach.

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Answer To calculate the Modified Internal Rate of Return MIRR using different approaches for the given cash flows we need to follow these steps Step 1 Calculate the present value of all cash inflows a... blur-text-image

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