Internal rate of return and modified internal rate of return For the project shown in the following table, calculate the internal rate of return (IRR) and modified internal rate of return (MIRR). If the cost of capital is 12.05%, indicate whether the project is acceptable according to IRR and MIRR The project's IRR is 10.29% (Round to two decimal places.) Data Table If the cost of capital is 12.05% According to IRR you should reject the project The project's MIRR IS % (Round to two decimal places.) (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Initial investment (CF) $110,000 Year (0) Cash inflows (CF) $30,000 $45,000 $10,000 $25,000 5 $35,000 3