Homework (part 1) Saved Help Save 5 Problem 12-29 (calculator version) The Caffeine Coffee Company uses the MIRR. The firm has a cost of capital of 12 percent. The project being analyzed has a $27,000 Initial investment and is expected to produce the following cash flows Year 1 2 3 Cash Flow $15,000 12.000 9,000 a. What is the MIRR? (Use a Financial calculator to arrive at the answers. Round the final answer to 2 decimal places.) MIRR ces b. What is the traditional IRR? (Round the final answer to 1 decimal place) Traditional IRR %