A firm is considering a project that has an initial investment of $250,000 and is expected to produce cash inflows of $50,000 per year for 10 years. The firm's cost of capital is 11.4%. What is the project's IRR? Based on this, should the project be accepted? 15.10%, accept because IRR > cost of capital 15.10%, accept because IRR > 0 15.10%, reject because IRR > cost of capital 15.10%, accept because IRR > 1.0 A firm is considering a project that has an initial investment of $250,000 and is expected to produce cash inflows of $50,000 per year for 10 years. The firm's cost of capital is 11.4%. What is the project's MODIFIED IRR? Based on this, should the project be accepted? 15.10%, accept because MIRR > cost of capital 13.05%, accept because MIRR > cost of capital 13.05%, reject because MIRR > cost of capital 7.17%, reject because MIRR