A company is analyzing two mutually exclusive projects, Hillside $($H$)$ and Springfield $($S$),$ whose cash flows are shown below:

$\backslash$table$[[$Year$,0,1,2,3,4],[$CF$,-,30,40,45,37],[($H$),1,100,0,0,0,5],[$CF $($S$),-,37,45,40,25],[,1,100,5,0,0,0]]$

The company's cost of capital is $11\%,$ and it can get an unlimited amount of capital at that cost. What is the better project based on a payback period? What is the MIRR of that project?