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MIRR unequal lives. Singing Fish Fine Foods has ?$2,080,000 forcapital investments this year and is considering two potentialprojects for the funds. Project 1 is updating the? store's delisection for additional food service. The estimated? after-tax cashflow of this project is ?$600,000 per year for the next five years.Project 2 is updating the? store's wine section. The estimatedannual? after-tax cash flow for this project is ?$510,000 for thenext six years. The appropriate discount rate for the deliexpansion is 9.3?% and the appropriate discount rate for the winesection is 9.0?%. What are the MIRRs for the Singing Fish FineFoods? projects? What are the MIRRs when you adjust for unequal?lives? Do the MIRR adjusted for unequal lives change the decisionbased on? MIRRs? ?Hint: Take all cash flows to the same endingperiod as the longest project.**Please note: I need the MIRR for the unequal lives. I did findthe reinvestment rate for the deli as 11.67% & the wine sectionas 10.74%. I need help with the rest of the problem. Thanks.