In: Finance
Slow Ride Corp. is evaluating a project with the following cash flows: |
Year | Cash Flow | ||
0 | –$ | 29,200 | |
1 | 11,400 | ||
2 | 14,100 | ||
3 | 16,000 | ||
4 | 13,100 | ||
5 | – | 9,600 | |
The company uses an interest rate of 9 percent on all of its projects. |
Calculate the MIRR of the project using the discounting approach method. (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) |
MIRR | % |
Calculate the MIRR of the project using the reinvestment approach method. (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) |
MIRR | % |
Calculate the MIRR of the project using the combination approach method. (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) |
MIRR | % |