Given the following attributes of an investment project with a 5-year life and an after-tax discount rate of 12%, calculate both the IRR and MIRR of the project using the built-in functions in Excel:...

Given the following attributes of an investment project with a 5-year life and an after-tax discount rate of 12%, calculate both the IRR and MIRR of the project using the built-in functions in Excel: investment outlay, time 0, $5,000; after-tax cash inflows, year 1, $800; year 2, $900; year 3, $1,500; year 4, $1,800; and year 5, $3,200. What accounts for the difference in these two measures?