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RAK Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 $ 29,500 1 11,700 2 14,400 3 16,300 4 13,400

RAK Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 $ 29,500 1 11,700 2 14,400 3 16,300 4 13,400 5 9,900 The company uses an interest rate of 9 percent on all of its projects. 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.) 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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