Question

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

  

Year	Cash Flow
0	–$	29,700
1		11,900
2		14,600
3		16,500
4		13,600
5	–	10,100

  

The company uses a discount rate of 12 percent and a reinvestment rate of 7 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.)

Answer 1