Mittuch Corp. is evaluating a project with the following cash flows. The company uses a discount rate of 12 percent and a reinvestment rate of 9 percent on all of its projects.
Year Cash Flow
0 -$16,600
1 7,700
2 8,900
3 8,500
4 7,300
5 -4,700
Calculate the MIRR of the project using all three methods with these interest rates. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
Discounting approach %
Reinvestment approach %
Combination approach %