Question
RAK Corp. is evaluating a project with the following cash flows: Year Cash Flow Year 0 $ 28,500 Year 1 10,700 Year 2 13,400 Year
RAK Corp. is evaluating a project with the following cash flows: Year Cash Flow Year 0 $ 28,500 Year 1 10,700 Year 2 13,400 Year 3 15,300 Year 4 12,400 Year 5 8,900 The company uses an interest rate of 10 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. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Calculate the MIRR of the project using the combination approach. (Do not round intermediate calculations.
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