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IRR and MIRR

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The new project has a cost of $52,125, its expected net cash inflows are $12,000 per year for 8 years, and its cost of capital and its cost of capital is 12 percent.

What is the project's IRR and MIRR?

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IRR and MIRR
The new project has a cost of $52,125, its expected net cash inflows are $12,000 per year for 8 years, and its cost of capital and its cost of capital is 12 percent.

Please show your work!

What is the project's IRR and MIRR?
The internal rate of return is defined as that discount rate which equates the present value of a project's expected cash inflows to the present value of the project's costs:

PV(Inflows) = PV(Investment costs), or the rate which forces the NPV to equal ...

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