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Solo Corp. is evaluating a project with the following cashflows: Year Cash Flow 0 –$12,800 1 5,600 2 6,600 3 6,300 4 5,200 5–4,600 The company uses a disount rate of 11 percent and areinvestment rate of 9 percent on all of its projects. Calculatethe MIRR of the project using all three methods using theseinterest rates. a. MIRR using the discounting approach.
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