In: Finance
Solo 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. |
1. Calculate the MIRR of the project using the discounting approach. 2. Calculate the MIRR of the project using the reinvestment approach. 3. Calculate the MIRR of the project using the combination approach. |
Reinvestment rate not given.