In: Finance
Solo Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 –$ 29,500 1 11,700 2 14,400 3 16,300 4 13,400 5 – 9,900
The company uses a discount rate of 13 percent and a reinvestment rate of 6 percent on all of its projects.
Calculate the MIRR of the project using the discounting approach. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Calculate the MIRR of the project using the reinvestment approach. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Calculate the MIRR of the project using the combination approach. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)