Problem:
Slow Ride Corp. is evaluating a project with the following cash flows: 29,300 11,500 14,200 16,100 13,200 9,700 The company uses an interest rate of 10 percent on all of its projects.
Required:
Question 1: Calculate the MIRR of the project using the discounting approach method.
Question 2: Calculate the MIRR of the project using the reinvestment approach method.
Question 3: Calculate the MIRR of the project using the combination approach method.
Note: Provide support for your underlying principle.