Purple Turtle Group is analyzing a project with the following cash flaws: Year Cash Flow 0-$560,DDD 1 $30o,000 2 40D,0DD 3 $480,DDD $320,000 This project has cash flows nonnormal Purple Turtle Group's WACC is 7.50%, calculate this project's modified internal rate of retum (MIRR). 7.47% 5.98% o 5.47% o 9.47% Purple Turtle Group's managers select projects based only on the MIRR criterion. Should Purple Turtle Group's managers accept this independent project? O Yes O No