Internal rate of return and modified internal rate of return For the project shown in the following table, B, calculate the internal rate of return (IRR) and modified internal rate of return (MIRR). If the cost of capital is 12.28%, indicate whether the project is acceptable according to IRR and MIRR. The project's IRR is %. (Round to two decimal places.) Data table If the cost of capital is 12.28% According to IRR you should the project. (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) The project's MIRR is % (Round to two decimal places.) $90,000 Initial investment (CF) Year (t) According to MIRR you should the project. 1 2 3 4 Cash inflows (CF) $35,000 $50,000 $35,000 $20,000 $10,000 5 Print Done