Question: Problem 9-20 MIRR (LO6] RAK Corp. is evaluating a project with the following cash flows: Cash Flow -$28,200 10,400 13,100 15,000 12,100 8,600 Year C

 Problem 9-20 MIRR (LO6] RAK Corp. is evaluating a project with

Problem 9-20 MIRR (LO6] RAK Corp. is evaluating a project with the following cash flows: Cash Flow -$28,200 10,400 13,100 15,000 12,100 8,600 Year C 5 The company uses a discount rate of 11 percent and a reinvestment 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.) MIRR % 1234t Ln

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