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Doak Corp. is evaluating a project with the following cash flows:YearCash Flow0-$16,10017,20028,40038,00046,8005-4,200The company uses an interest rate of 11 percent on all of its projects.
Doak Corp. is evaluating a project with the following cash flows:YearCash Flow0-$16,10017,20028,40038,00046,8005-4,200The company uses an interest rate of 11 percent on all of its projects. Calculate the MIRR of the project using all three methods.(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
thank you
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