J&E Inc., use the Modified Internal Rate of Return (MIRR) when evaluating projects. J&E's cost of capital is 8.75%. What is the MIRR of a project if the initial costs are $4,300,000 and the project lasts five years, with each year producing the same after-tax cash inflows of $1,100,000? About 8.78% About 8.67% About 8.50% About 8.24%