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RAK Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 $ 28,500 1 10,700 2 13,400 3 15,300 4 12,400

RAK Corp. is evaluating a project with the following cash flows:
Year Cash Flow
0 $ 28,500
1 10,700
2 13,400
3 15,300
4 12,400
5 8,900
The company uses a discount rate of11 percent and areinvestment rate of8 percent on all of its projects.

Calculate the MIRR of the project using thediscounting approach.(Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

MIRR %

Calculate the MIRR of the project using thereinvestment approach.(Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

MIRR %

Calculate the MIRR of the project using thecombination approach.(Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

MIRR %

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