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Accounting
QID: #34006
Subject: Accounting
Status:
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Chamberlain 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
Ac€?o$
16,600
1
7,700
2
8,900
3
8,500
4
7,300
5
Ac€?o
4,700
Required:
Calculate the MIRR of the project using all three methods using these interest rates. (Do not round intermediate calculations. Enter your answers as a percentage rounded to 2 decimal places (e.g., 32.16).)
MIRR
Discounting approach
%
Reinvestment approach
%
Combination approach
%
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