Question: Year Cash Flow 0 $ 2 9 , 9 0 0 1 1 2 , 1 0 0 2 1 4 , 8 0 0

Year Cash Flow
0$ 29,900
112,100
214,800
316,700
413,800
510,300
The company uses an interest rate of 10 percent on all of its projects.
a.
Calculate the MIRR of the project using the discounting approach. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.)
b. Calculate the MIRR of the project using the reinvestment approach. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.)
c. Calculate the MIRR of the project using the combination approach. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.)

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