RAK Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 –$ 29,200 1 11,400 2 14,100 3 16,000 4 13,100 5 – 9,600 The company uses a discount rate of 13 percent and a reinvestment rate of 6 percent on all of its projects. Calculate the MIRR of the project using the discounting approach.
Calculate the MIRR of the project using the reinvestment approach
Calculate the MIRR of the project using the combination approach.