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Question 7 Find the modified internal rate of return (MIRR) for a proposed project costing $15,153 (if you calculate an MIRR of 20.22%. please enter

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Question 7 Find the modified internal rate of return (MIRR) for a proposed project costing $15,153 (if you calculate an MIRR of 20.22%. please enter 20.22- do not include the % symbol, and use at lea two decimal places). Assume that the appropriate cost of capital for projects of this risk level, at this company is 11.12%, and the estimated cash flows for the life of the project are as follows: Year 1 $1,344 Year 2 $3,996 Year 3 $6,775 Year 4 $7,345 10 pts Year 5 $5,976

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