In: Finance
Solo Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 –$12,800 1 5,600 2 6,600 3 6,300 4 5,200 5 –4,600 The company uses a disount 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.