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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 5
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 discounting approach. Calculate the MIRR of the project using the reinvestment approach.
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