You have been asked to analyze a capital investment proposal.The projects cost is $2775000. Cash inflows are projected to be$925000 in Year 1; $1000000 in Year 2; $1000000 in Year 3;$1000000 in Year 4; and $1225000 in Year 5. Assume that yourfirm discounts capital projects at 15.5%. What is the projectsMIRR? A. 19.99% B. 16.73% C. 10.44% D. 12.62%