Prof. Dr.Srivastava What Is MIRR? Formula and Calculation of MIRR What MIRR Can Tell You Difference Between MIRR and IRR Difference Between MIRR and FMRR Limitations of Using MIRR Example of How to Use MIRRWhat Is Modified Internal Rate of Return (MIRR)?The modified internal rate of return (MIRR) assumes that positive cash flows are reinvested at the firm’s cost of capital and that the initial outlays are financed at the firm’s financing cost. By contrast, the traditional internal rate of return (IRR) assumes the cash flows from a project…