Slow Ride Corp. is evaluating a project with the following cash flows:
Year Cash Flow
0 -$ 28,700
1 10,900
2 13,600
3 15,500
4 12,600
5 - 9,100
The company uses a discount rate of 12 percent and a reinvestment rate of 7 percent on all of its projects.
Calculate the MIRR of the project using the discounting approach method.
Calculate the MIRR of the project using the reinvestment approach method.
Calculate the MIRR of the project using the combination approach method.