Question

Solo Corp. is evaluating a project with the following cash flows:

Year	Cash Flow
0	–$	47,000
1		16,900
2		20,300
3		25,800
4		19,600
5	–	9,500

The company uses a discount rate of 11 percent and a reinvestment rate of 8 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.)

  

Answer 1

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