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RAK Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 $ 28,900 1 11,100 2 13,800 3 15,700 4 12,800

RAK Corp. is evaluating a project with the following cash flows:

Year Cash Flow

0 $ 28,900

1 11,100

2 13,800

3 15,700

4 12,800

5 9,300

Calculate the MIRR percentage of the project using the combination approach.

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