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RAK Corp. is evaluating a project with the following cash flows: Year. Cash Flow 0. -$28,000 1. $11,000 2. $13,700 3 $15,600 4. $12,700 5.

RAK Corp. is evaluating a project with the following cash flows:
Year. Cash Flow
0. -$28,000
1. $11,000
2. $13,700
3 $15,600
4. $12,700
5. -$9,200
The company uses an interest rate of 10 percent on all projects.
Calculate the MIRR of the project using the discounting approach.
Calculate the MIRR of the project using the reinvestment approach.
Calculate the MIRR of the project using the combination approach.

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