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: 10.00% Year 0 1 2 3 Cash flows -$2,000 $800 $800 $1,000

choices: 10.48%, 11.25%, 12.50%, 13.78%, 14.20%