Question
RAK Corp. is evaluating a project with the following cash flows: Year Cash Flow 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 Flow |
| 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 three methods.
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International Financial Management
Authors: Geert Bekaert, Robert Hodrick
3rd edition
1107111820, 110711182X, 978-1107111820
