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...

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Solo Corp. is evaluating a project with the following cashflows:
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 areinvestment rate of 8 percent on all of its projects.
a. Calculate the MIRR of the project using the discountingapproach method. (Do not round intermediate calculationsand enter your answer as a percent rounded to 2 decimal places,e.g., 32.16.)
b.
Calculate the MIRR of the project using the reinvestmentapproach method. (Do not round intermediate calculationsand enter your answer as a percent rounded to 2 decimal places,e.g., 32.16.)
c. Calculate the MIRR of the project using the combinationapproach method. (Do not round intermediate calculationsand enter your answer as a percent rounded to 2 decimal places,e.g., 32.16.)

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Solo Corp. is evaluating a project with the following cashflows:YearCash Flow0–$47,000116,900220,300325,800419,6005–9,500The company uses a discount rate of 11 percent and areinvestment rate of 8 percent on all of its projects.a.Calculate the MIRR of the project using the discountingapproach method. (Do not round intermediate calculationsand enter your answer as a percent rounded to 2 decimal places,e.g., 32.16.)b.Calculate the MIRR of the project using the reinvestmentapproach method. (Do not round intermediate calculationsand enter your answer as a percent rounded to 2 decimal places,e.g., 32.16.)c.Calculate the MIRR of the project using the combinationapproach method. (Do not round intermediate calculationsand enter your answer as a percent rounded to 2 decimal places,e.g., 32.16.)

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

a.	Calculate the MIRR of the project using the discountingapproach method. (Do not round intermediate calculationsand enter your answer as a percent rounded to 2 decimal places,e.g., 32.16.)
b.	Calculate the MIRR of the project using the reinvestmentapproach method. (Do not round intermediate calculationsand enter your answer as a percent rounded to 2 decimal places,e.g., 32.16.)
c.	Calculate the MIRR of the project using the combinationapproach method. (Do not round intermediate calculationsand enter your answer as a percent rounded to 2 decimal places,e.g., 32.16.)