Liken Industries is considering a project that has the following cash flow and WACC data. What is the project's MIRR?

WACC $=11\%$

Year: $0123$

Cash flows: $-$$$1,575$ $$425$ $$720$ $$965$

a$.11\mathrm{.}25\%$

b$.11\mathrm{.}75\%$

c$.12\mathrm{.}25\%$

d$.12\mathrm{.}75\%$

e$.13\mathrm{.}25\%$