Slow Ride Corp. is evaluating a project with the following cash flows
Slow Ride Corp. is evaluating a project with the following cash flows:
Year Cash Flow
0 –$ 29,400
5 – 9,800
The company uses an interest rate of 8 percent on all of its projects.
Calculate the MIRR of the project using the discounting approach method. (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))
Calculate the MIRR of the project using the combination approach method. (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))
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