Question: Problem 8-22 MIRR [LO 5] Chamberlain Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 $ 15,800 1 6,900 2

Problem 8-22 MIRR [LO 5]

Chamberlain Corp. is evaluating a project with the following cash flows:

Year	Cash Flow
0		$	15,800
1			6,900
2			8,100
3			7,700
4			6,500
5			3,900

Required:

The company uses an interest rate of 9 percent on all of its projects. Calculate the MIRR of the project using all three methods. (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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