The company uses an interest rate of 10 percent on all of


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

Year Cash Flows

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 methods.

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Finance Basics: The company uses an interest rate of 10 percent on all of
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