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Slow Ride Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 –$12,500 1 5,900 2 6,500 3 6,000 4 4,900 5 –4,800 The company uses a 11 percent discount rate and an 7 percent reinvestment rate on all of its projects. Calculate the MIRR of the project using all three methods using these interest rates. Required: (a) MIRR using the discounting approach. (Do not round your intermediate calculations.) (b) MIRR using the reinvestment approach.(Do not round your intermediate calculations.) (c) MIRR using the combination approach.(Do not round your intermediate calculations.)

Financial Management, Finance

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