Question
RAK Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 $ 29,200 1 11,400 2 14,100 3 16,000 4 13,100
RAK Corp. is evaluating a project with the following cash flows: Year Cash Flow
0 $ 29,200
1 11,400
2 14,100
3 16,000
4 13,100
5 9,600
The company uses an interest rate of 9 percent on all of its projects.
Calculate the MIRR of the project using the discounting approach.
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Restaurant Financial Management
Authors: Hyung-il Jung
1st Edition
1774631431, 978-1774631430
