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 | % |