Question: 7. Chamberlain Corp. is evaluating a project with the following cash flows. The company uses a discount rate of 12 percent and a reinvestment rate
7.
| Chamberlain Corp. 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 | Cash Flow | |||
| 0 | $ | 16,600 | ||
| 1 | 7,700 | |||
| 2 | 8,900 | |||
| 3 | 8,500 | |||
| 4 | 7,300 | |||
| 5 | 4,700 | |||
| Required: |
| Calculate the MIRR of the project using all three methods using these interest rates. (Do not round intermediate calculations. Enter your answers as a percentage rounded to 2 decimal places (e.g., 32.16).) |
| MIRR | |
| Discounting approach | % |
| Reinvestment approach | % |
| Combination approach | % |
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