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RAK Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 $ 28,000 1 10,200 2 12,900 3 14,800 4 11,900
RAK Corp. is evaluating a project with the following cash flows: |
Year | Cash Flow | ||
0 | $ | 28,000 | |
1 | 10,200 | ||
2 | 12,900 | ||
3 | 14,800 | ||
4 | 11,900 | ||
5 | 8,400 | ||
The company uses an interest rate of 9 percent on all of its projects. |
Calculate the MIRR of the project using the discounting 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 the reinvestment 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 the combination 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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