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Doak Corp. is evaluating a project with the following cash flows. The company uses a discount rate of 11 percent and a reinvestment rate of
Doak Corp. is evaluating a project with the following cash flows. The company uses a discount rate of 11 percent and a reinvestment rate of 8 percent on all of its projects. Year 2 3 4 5 Cash Flow -$15,500 6,600 7,800 7,400 6,200 3,600 Calculate the MIRR of the project using all three methods with these interest rates. (Do not round intermediate calculations and enter your answers as percent rounded to 2 decimal places, e.g., 32.16.) % % Discounting approach Reinvestment approach Combination approach %
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