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Your Company is considering a Project called Delimited, whose costs and cash flows are shown below: (5 points) Delimited Year Cash Flow 0-$2,000 1200 2600

Your Company is considering a Project called Delimited, whose costs and cash flows are shown below:(5 points)

Delimited

YearCash Flow

0-$2,000

1200

2600

3800

41,400

The project is risky; the firm's cost of capital is 12 percent. What is the modified internal rate of return (MIRR) and what is your recommendation to accept or reject the project.The required rate of return is 20%

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