Duo Corporation is evaluating a project with the following cash flows: Year 0 Cash Flow -$ 15,900 1 7,000 2 8,200 4 7,800 6,600 -4,000 The company uses an interest rate of 8 percent on all of its projects. Calculate the MIRR of the project using all three methods. Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Answer is complete but not entirely correct. Discounting approach Reinvestment approach 17.81 % 13.69 % Combination approach 14.14 %
Duo Corporation is evaluating a project with the following cash flows: Year 0 Cash Flow -$ 15,900 1 7,000 2 8,200 4 7,800 6,600 -4,000 The company uses an interest rate of 8 percent on all of its projects. Calculate the MIRR of the project using all three methods. Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Answer is complete but not entirely correct. Discounting approach Reinvestment approach 17.81 % 13.69 % Combination approach 14.14 %
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter19: Capital Investment
Section: Chapter Questions
Problem 22E
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