Doak Corp. is evaluating a project with the following cash flows: Cash Flow -$16,200 7,300 8,500 8,100 Year 012345 6,900 - 4,300 The company uses an interest rate of 12 percent on all of its projects. Calculate the MIRR of the project using all three methods. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Discounting approach Reinvestment approach Combination approach % % %

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Doak Corp. is evaluating a project with the following cash flows:
Year
012345
Cash Flow
-$16,200
7,300
8,500
8,100
6,900
- 4,300
The company uses an interest rate of 12 percent on all of its projects. Calculate the MIRR
of the project using all three methods. (Do not round intermediate calculations and
enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
Discounting approach
Reinvestment approach
Combination approach
%
%
%
Transcribed Image Text:Doak Corp. is evaluating a project with the following cash flows: Year 012345 Cash Flow -$16,200 7,300 8,500 8,100 6,900 - 4,300 The company uses an interest rate of 12 percent on all of its projects. Calculate the MIRR of the project using all three methods. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Discounting approach Reinvestment approach Combination approach % % %
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