13.

Solo Corporation is evaluating a project with the following cash flows:

Year	Cash Flow
0	$ 12,800
1	6,200
2	6,800
3	6,300
4	5,200
5	4,400

The company uses a disount rate of 11 percent and a reinvestment rate of 10 percent on all of its projects. Calculate the MIRR of the project using all three methods using these interest rates.

a. MIRR using the discounting approach.

b. MIRR using the reinvestment approach.

c. MIRR using the combination approach.