good morning, can an expert please assist me with these practice problems?

4. Modified internal rate of return (MIRR) The IRR evaluation method assumes that cash flows from the project are reinvested at the same rate equal to the IRR. However, in reality the reinvested cash flows may not necessarily generate a return equal to the IRR. Thus, the modified IRR approach makes a more reasonabie assumption other than the project's IRR. Consider the following situation: Blue Llama Mining Companx is analyzing a project that requires an initial investment of $550,000. The project's expected cash flows are: Blue Llama Mining Company's WACC is 9%, and the project has the same risk as the firm's average project. Calculate this project's modified internal rete of return (MIRR): If Blue Llama Mining Company's managers select projects based on the MIRR criterion, they should this independent project. Which of the following statements best describes the difference between the IRR method and the MIRR method? The ypQ method uses only ensh inflows to catcutate the thR. The MraR method uses both cash inflows and cash outhlows to calculate the MiRR. The IRR method uses the present value of the intial investment to calculate the IRR. The MIRR method uses the terminal value of the initial investment to calculate the MIRR: The IRR method assumes that cash flows are reinvested at a rate of return equal to the IRR. The MIRR method assumes that cash flows are reinvested at a rate of retarn equal to the cost of capital. If Blue Llama Mining Company's managers select projects based on the MIRR criterion, they should this independent project. Which of the following statements best describes the difference between the IRR. method and the M The IRR method uses only cash inflows to calculate the IRR. The MIRR method uses both s and cash outflows to calculate the MLRR. The IRR method uses the present value of the initial investment to calculate the IRR. The MIRR method uses the terminal value of the initial investment to calculate the MIRR. The the method sssumes that cash flows are reinvested at a rate of retum equal to the IRR. The MIRR method assumes that cash flows are reinvested at a rate of return equal to the cost of copital