Calculate the MIRR of the project using all three methods with these interest rates. Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Discounting approach Reinvestment approach Combination approach % % %
Calculate the MIRR of the project using all three methods with these interest rates. Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Discounting approach Reinvestment approach Combination approach % % %
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
Pm.3
Transcribed Image Text:Duo Corporation is evaluating a project with the following cash flows. The company uses a
discount rate of 12 percent and a reinvestment rate of 9 percent on all of its projects.
Year
0
OHNM&in
1
2
4
5
Cash Flow
-$ 15,600
6,700
7,900
7,500
6,300
-3,700
Calculate the MIRR of the project using all three methods with these interest rates.
Note: Do not round intermediate calculations and enter your answers as a percent
rounded to 2 decimal places, e.g., 32.16.
Discounting approach
Reinvestment approach
Combination approach
%
%
%
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