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: 11.75% Year 0 1 2 3 Cash flows -$1,000 $450 $450 $450 O a 13.96% O b. 14.85% O c. 12.03% O d. 16.63% O e. 12.32%