A project has projected cash flows of $-$$$148,500,$$$32,800,$$$64,200,-$$$7,500$ and $$87,300$ for Years $0$ to $4,$ respectively. Should this project be accepted based on the combination approach to the modified internal rate of return if both the discount rate and the reinvestment rate are $10\mathrm{.}5$ percent? Why or why not?

Yes; The MIRR is $8\mathrm{.}04$ percent.

Yes; The MIRR is $9\mathrm{.}23$ percent.

No; The MIRR is $8\mathrm{.}04$ percent.

No; The MIRR is $9\mathrm{.}06$ percent.

No; The MIRR is $9\mathrm{.}23$ percent.