Duo Corporation is evaluating a project with the following cash flows:   Year    Cash Flow 0    −$ 29,800 1    12,000 2    14,700 3    16,600 4    13,700 5    −10,200   The company uses an interest rate of 9 percent on all of its projects.   Calculate the MIRR of the project using the discounting approach.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 16EB: Project Y cost $8,000 and will generate net cash inflows of $1,500 in year one, $2,000 in year two,...
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Duo Corporation is evaluating a project with the following cash flows:
 
Year    Cash Flow
0    −$ 29,800
1    12,000
2    14,700
3    16,600
4    13,700
5    −10,200
 
The company uses an interest rate of 9 percent on all of its projects.
 
Calculate the MIRR of the project using the discounting approach. 

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