would simply enter 20.22), and include two decimal places. Question 18 Find the modified internal rate of return (MIRR) for a proposed project costing $7,242 (if you calculate an MIRR of 20.22%, please enter 20.22 - do not include the % symbol, and use at least two decimal places). Assume that the appropriate cost of capital for projects of this risk level, at this company is 4.94%, and the estimated cash flows for the life of the project are as follows