In: Finance
Slow Ride Corp. is evaluating a project with the following cash flows: |
Year | Cash Flow | ||
0 | –$ | 29,000 | |
1 | 11,200 | ||
2 | 13,900 | ||
3 | 15,800 | ||
4 | 12,900 | ||
5 | – | 9,400 | |
The company uses a 10 percent interest rate 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 | % |