In: Finance
Solo Corp. is evaluating a project with the following cash flows:
Year Cash flow
0 -47,000
1 16900
2 20,300
3 25,800
4 19,600
5 -9,500
The company uses an interest rate of 10 percent on all of its projects. |
a. | Calculate the MIRR of the project using the discounting approach method. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
b. | Calculate the MIRR of the project using the reinvestment approach method. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
c. | Calculate the MIRR of the project using the combination approach method. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |