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a Find the modified internal rate of return (MIRR) for a proposed project costing $8,977. Assume that the appropriate cost of capital for projects of

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a Find the modified internal rate of return (MIRR) for a proposed project costing $8,977. Assume that the appropriate cost of capital for projects of this risk level, at this company is 10.78%, and the estimated cash flows for the life of the project are found in the table below. If you calculate an MIRR of 20.22%, please enter 20.22- do not include the % symbol, and use at least two decimal places). Year 1 Year 2 $6,131 Year 3 $7.182 Year 4 $11,051 Year 5 $8,976 $6,108

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