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Find the modified Internal rate of return (MIRR) for a proposed project costing $45,629 (IF you calculate an MIRR of 20.22%, please enter 20.22- do

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Find the modified Internal rate of return (MIRR) for a proposed project costing $45,629 (IF you calculate an MIRR of 20.22%, please enter 20.22- do not include the % symbol, and use at least two decimal places). Assume that the appropriate cost of capital for projects of this risk level, at this company is 11.61%, and the estimated cash flows for the life of the project are as follows: Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 $10,619 $8,034 $9,856 $5,105 $10,487 $1,391 $7,029 $23,625 Question 8 10 pts Find the modified internal rate of return (MIRR) for a proposed project costing $45,629 of you calculate an MIRR of 20.22%, please enter 20.22- do not include the % symbol, and use at least two decimal places). Assume that the appropriate cost of capital for projects of this risk level, at this company is 11.61%, and the estimated cash flows for the life of the project are as follows: Year 1 Year 2 $10,619 $8,034 Year 3 $9.856 Year 4 Year 5 Year 6 $5,105 $10,487 $1,391 Year 7 Year 8 $7,029 $23,625

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