Elue Lama Mining Company is analyzing a nrogect that requites an initial ifvestment of $3,225,000. The project's expected cash flows are: Blue Llama Mining Company's WACC is 895 , and the project has the same risk as the firm's average project, Calculate this project's modified intemal rate of return (MIRR). 14.374 19.16% 12.786 19.94% If Blue Llama Mining Company's managers select projects based on the MIRR criterion, they should this independent project. Which of the following statemants about the relationship between the taR and the MinR is correct? A typical firm's IRA will be greater than its MIRR. A typical firm's treR will be less than its MIRR. A typical firm's IRR wil be equal to its MIRR