Question: 10 pts D Question 8 Find the modified internal rate of return (MIRR) for a proposed project costing $49,515 (if you calculate an MIRR of

 10 pts D Question 8 Find the modified internal rate of

10 pts D Question 8 Find the modified internal rate of return (MIRR) for a proposed project costing $49,515 (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 16.11%, and the estimated cash flows for the life of the project are as follows: Year 1 $6,167 Year 2 $10.929 Year 3 $11,118 Year 4 $4,049 Year 5 $15,665 Year 6 $9,633

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