Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Transcribed Image Text:Duo Corporation is evaluating a project with the following cash flows:
Year
Cash Flow
-$ 28,000
012345
10,200
12,900
14,800
11,900
-8,400
The company uses an interest rate of 9 percent on all of its projects.
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.)
MIRR
%
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.)
MIRR
%
Calculate the MIRR of the project using the combination approach. (Do not round
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