Problem 9-19 MIRR [LO6]

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

Year	Cash Flow
0	$	29,100
1		11,300
2		14,000
3		15,900
4		13,000
5		9,500

The company uses an interest rate of 8 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.)

10 Value: 10.00 points Problem 9-19 MIRR LO6] RAK Corp. is evaluating a project with the following cash flows Year Cash Flow 29,100 11,300 14,000 15,900 13,000 9,500 The company uses an interest rate of 8 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 18.62 Calculate the MIRR of the project using the reinvestment a roach (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.) MIRR