Internal rate of return and modified internal rate of return For the project shown in the following table, calculate the internal rate of return (IRR) and modified internal rate of return (MIRR). If the cost of capital is 13.01%, indicate whether the project is acceptable according to IRR and MIRR. CON The project's IRR is % (Round to two decimal places) - Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Initial investment (CF) $90,000 Year (1) Cash inflows (CF) 1 $20,000 2 $35,000 3 $50,000 4 $10,000 5 $40,000 on AWN
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