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Tall Trees, Inc. is using the mofified internal rate of return (MIRR) when evaluating projects

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Tall Trees, Inc. is using the mofified internal rate of return (MIRR)
when evaluating projects. The company is able to reinvest cash flows received from the Project at an annual rate
0f 13.77%. What is the MIRR of a project if the inital costs are 2,104,100 and the project life is estimated as 5 years. The project will produce the same after-tax cash inflows of 514,700
per year at the end of the year. I believe you can use MIRR in excel

 
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