Problem 9-19 MIRR [LO6] RAK Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 $ 29,100 1 11,300 2 14,000
Problem 9-19 MIRR [LO6]
RAK Corp. is evaluating a project with the following cash flows: |
Year | Cash Flow | ||
0 | $ | 29,100 | |
1 | 11,300 | ||
2 | 14,000 | ||
3 | 15,900 | ||
4 | 13,000 | ||
5 | 9,500 | ||
The company uses an interest rate of 8 percent on all of its projects. |
Calculate the MIRR of the project using the discounting approach. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
MIRR | % |
Calculate the MIRR of the project using the reinvestment approach. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
MIRR | % |
Calculate the MIRR of the project using the combination approach. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
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