Using a required rate of return equal to 12 percent, compute the modified internal rate of return

Question:

Using a required rate of return equal to 12 percent, compute the modified (MIRR) for a project that cots $82,000 and is expected to generate $35,000, $70,000, and -$10,450, respectively, during the next three years. Should the project be purchased?
Internal Rate of Return
Internal Rate of Return of IRR is a capital budgeting tool that is used to assess the viability of an investment opportunity. IRR is the true rate of return that a project is capable of generating. It is a metric that tells you about the investment...