Question 13 Find the modified internal rate of return (MIRR) for a proposed project costing $15,495. Assume that the appropriate cost of capital for projects of this risk level, at this company is 11.22 %, and the estimated cash flows for the life of the project are found in the table below. (If you calculate an MIRR of 20.22%, please enter 20.22- do not include the % symbol, and use at least two decimal places). Year 1 $4,130 Year 2 $5,059 Year 3 $5,371 Year 4 $12,873 0.5 pts Year 5 $6,959

Question 13 Find the modified internal rate of return (MIRR) for a proposed project costing $15,495. Assume that the appropriate cost of capital for projects of this risk level, at this company is 11.22%, and the estimated cash flows for the life of the project are found in the table below. (If you calculate an MIRR of 20.22%, please enter 20.22 - do not include the % symbol, and use ot least two decimal places)