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RAK Corp. is evaluating a project with the following cash flows; Year Cash Flows 0 -$41,000 1 15,700 2 19,400 3 24,300 4 18,100 5
RAK Corp. is evaluating a project with the following cash flows;
Year | Cash Flows |
0 | -$41,000 |
1 | 15,700 |
2 | 19,400 |
3 | 24,300 |
4 | 18,100 |
5 | -9,400 |
The company uses an interest rate of 10 percent on all of its projects. Calculate the MIRR of the project using all methods.
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