In: Finance
| Solo Corp. is evaluating a project with the following cash flows: |
| Year | Cash Flow | |||
| 0 | –$ | 28,500 | ||
| 1 | 10,700 | |||
| 2 | 13,400 | |||
| 3 | 15,300 | |||
| 4 | 12,400 | |||
| 5 | – | 8,900 | ||
|
The company uses a discount rate of 11 percent and a reinvestment rate of 8 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.) |