Duo Corporation is evaluating a project with the following cash flows:
YearCash Flow0−$ 28,400110,600213,300315,200412,3005−8,800
The company uses an interest rate of 8 percent on all of its projects.
Calculate the MIRR of the project using the discounting approach.
Note: Do not round intermediate calculations and 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.
Note: Do not round intermediate calculations and 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.
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.