Mooradian Corporation estimates that its weighted average cost of capital is 8.8 percent. The company is considering two mutually exclusive projects whose after-tax cash flows are as follows: Year 0 Project S CF Project L CF 1 23 ($3,894) $3,518 $4,039 $3,310 $1,115 ($3,583) $4,015 $1,956 $1,027 $1,088 What is the modified internal rate of return (MIRR) of the project with the highest NPV? 4 Should this project be accepted? 33.77%; no 30.77%; yes 33.77%; yes O 37.77%; no 37.77%; yes