Question: Use the following information to answer problems 17 to 18. You can solve with a standard calculator, but you might find it easier to do

 Use the following information to answer problems 17 to 18. You

Use the following information to answer problems 17 to 18. You can solve with a standard calculator, but you might find it easier to do on Excel, especially problem 18. A potential project has the following expected free cash flows: Assume a financing rate of 11.00% and a reinvestment rate of 9.00%. 17. [Ch 9] Using the "reinvestment approach" (method \#2) outlined in the text/slides, what is the modified internal rate of return (MIRR) of the project? (to nearest 0.0001% ) 18. [Ch 9] Using the "combination approach" (method #3 ) outlined in the text/slides, what is the MIRR of the project? (to nearest 0.0001\%)

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