Calculate the IRR for a project with an initial investment of $300,000 and expected cash inflows of $100,000 annually for 4 years. Additionally, calculate the MIRR assuming a financing rate of 8% and a reinvestment rate of 10%. Discuss the differences between IRR and MIRR in evaluating investment projects. Analyze the limitations of IRR, including the assumption of reinvestment at the IRR and the potential for multiple IRRs. Explain how MIRR addresses these limitations by assuming different rates for financing and reinvestment. Consider the strategic implications of using IRR and MIRR in capital budgeting decisions, including comparing the profitability and risk of different projects. Discuss the importance of using multiple metrics to assess the financial viability of investments and support informed decision-making. Explain how IRR and MIRR can be used in conjunction with NPV and other financial metrics to provide a comprehensive evaluation of investment opportunities.