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finance

Slow Ride Corp. is evaluating a project with the following cash flows:

Year Cash Flow
0 –$ 29,000
1 11,200
2 13,900
3 15,800
4 12,900
5 9,400
The company uses a 10 percent interest rate on all of its projects.

Calculate the MIRR of the project using the ;discounting approach method. ;(Do not round intermediate calculations and ;round your final answer to 2 decimal places. (e.g., 32.16))

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;MIRR ;% ;

Calculate the MIRR of the project using the ;reinvestment approach method. ;(Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

;MIRR ;% ;

Calculate the MIRR of the project using the ;combination approach method. ;(Do not round intermediate calculations and ;round your final answer to 2 decimal places. (e.g., 32.16))

;MIRR ;% ;

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"FIRST15"

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