Question: Rapyd is a payments platform that inserts fintech services into any app and simplifies the complex offering of local payments methods. It has built technology

Rapyd is a payments platform that inserts fintech services into any app and simplifies the complex offering of local payments methods. It has built technology that removes the back-end complexities of cross-border commerce and provides local paymentss expertise. Rapyd is evaluating a project with the following cash flows: 

Year 2005 2006 2007 2008 2009 2010 2011 Cash Flows -70,500 63,650 

 


1)The company uses an interest rate of 9% on all of its projects. 


2) Calculate the MIRR of the project using all three methods. 

Year 2005 2006 2007 2008 2009 2010 2011 Cash Flows -70,500 63,650 59,822 72,300 66,125 85,210 -102,533

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