Question: RAK Corp. is evaluating a project with the following cash flows: Year _________Cash Flow 0 .................. -$41,000 1..................... 15,700 2...................... 19,400 3..................... 24,300 4..................... 18,100

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

Year _________Cash Flow

0 .................. -$41,000

1..................... 15,700

2...................... 19,400

3..................... 24,300

4..................... 18,100

5..................... -9,400

The company uses an interest rate of 10 percent on all of its projects. Calculate the MIRR of the project using all three methods.


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