Doak Corp. is evaluating a project with the following cash flows:

Year Cash Flow

0 -$ 16,300

1 7,400

2 8,600

3 8,200

4 7,000

5 - 4,400

0The company uses an interest rate of 9 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:

Reinvesting approach:

Combination approach: