Mooradian Corporation estimates that its weighted average cost of capital is 21.8 percent. The company is considering two mutually exclusive projects whose after-tax cash flows are as follows: Year 1 Project S CF -$4,231 $2,419 $4,816 $4,862 $1,923 Project L CF -$4,857 $4,629 $2,688 $3,027 $3,602 3 4 What is the modified internal rate of return (MIRR) of the project with the highest NPV? 46.26% 48.26% 40.26% 44.26% 42.26%