Malholtra Inc. 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	4
Cash flows	-$775	$300	$320	$340	$360

Group of answer choices

a) 18.35%

b) 20.55%

c) 20.19%

d) 22.94%

e) 19.08%