Vinings Corporation is considering building a new plant. If the company goes ahead with the project, it must spend $2 million immediately (at t = 0) and another $1 million at the end of Year 1 (t = 1). It will then receive net cash flows of $1.0 million at the end of Years 2-7. At the end of Year 7 it will sell the plant for $1 million. Cash flow for Year 7 will therefore increase due to sale of plant. All cash inflows and outflows are after taxes. The company's cost of capital is 7 percent, and it uses the modified IRR criterion for capital budgeting decisions. What is the project's modified IRR (MIRR)? 16.97% 19.10% 15.72% 17.82% 22.27%