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 12.26%, indicate whether the project is acceptable according to IRR and MIRR. The project's IRR is \%. (Round to two decimal places.) If the cost of capital is 12.26% According to IRR you should the project. The project's MIRR is \% (Round to two decimal places.) According to MIRR you should the project. (Click on the icon here R in order to copy the contents of the data table below into a spreadsheet.)