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Year Cash Flow 0 $ 2 9 , 2 0 0 1 1 1 , 4 0 0 2 1 4 , 1 0 0

Year Cash Flow
0$ 29,200
111,400
214,100
316,000
413,100
59,600
The company uses an interest rate of 9 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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