Question
RAK Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 -$29,900 1 $12,100 2 $14,800 3 $16,700 4 $13,800 5
RAK Corp. is evaluating a project with the following cash flows:
| Year | Cash Flow |
| 0 | -$29,900 |
| 1 | $12,100 |
| 2 | $14,800 |
| 3 | $16,700 |
| 4 | $13,800 |
| 5 | -$10,300 |
The company uses interest rate of 10 percent on all of its projects.
a. calculate MIRR using discounting approach
b. calculate MIRR using reinvestment approach
c. calculate the MIIR using combination approach
**do not round intermediate calculations and enter answer as a percent rounded to 2 decimal places.**
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The Dark Side Of Valuation
Authors: Aswath Damodaran
2nd Edition
0137126891, 9780137126897
