In: Finance
Doak Corp. is evaluating a project with the following cash flows. The company uses a discount rate of 8 percent and a reinvestment rate of 5 percent on all of its projects. |
Year | Cash Flow | |||
0 | –$ | 16,300 | ||
1 | 7,400 | |||
2 | 8,600 | |||
3 | 8,200 | |||
4 | 7,000 | |||
5 | – | 4,400 | ||
Calculate the MIRR of the project using all three methods with these interest rates Discounting approach% Reinvestment approach% Combination approach\% |