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Doak Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 $ 16,900 1 8,000 2 9,200 3 8,800 4 7,600

Doak Corp. is evaluating a project with the following cash flows:
Year Cash Flow
0 $ 16,900
1 8,000
2 9,200
3 8,800
4 7,600
5 5,000

The company uses an interest rate of 8 percent on all of its projects. Calculate the MIRR of the project using all three methods.

Discount Approach

Reinvestment Approach

Combination Approach

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