Grey Fox Aviation Company is analyzing a project that requires an initial investment of $400,000. The project's expected cash flows are: Year Cash Flow Year 1 $350,000 Year 2 -100,000 Year 3 500,000 Year 4 400,000 Grey Fox Aviation Company's WACC is 10%, and the project has the same risk as the firm's average project. Calculate this project's modified internal rate of return (MIRR): O 30.87% 32.41% 26.24% O 24.70% If Grey Fox Aviation 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 accept od? reject The Intbed noenobiflow to slowlate the IDD The MIDDtboduce both - talouttbe