Ehrmann Data Systems is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note that a project's projected MIRR can be less than the WACC $($and even negative$),$ in which case it will be rejected.

WACC: $,11\mathrm{.}75\%$

Year

Cash flows

$0$

$1$

$2$

$3$

$14\mathrm{.}85\%$

$16\mathrm{.}63\%$

$13\mathrm{.}96\%$

$12\mathrm{.}32\%$

$12\mathrm{.}03\%$