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:

$10\mathrm{.}00\%$

$1$

$2$

$3$

$4$

Year

Cash flows

$-$$$1,225$

$$300$

$$320$

$$340$

$$360$

$$ a$.4\mathrm{.}44\%$

$$ b$.6\mathrm{.}77\%$

O c$.5\mathrm{.}83\%$

$$ d$.6\mathrm{.}88\%$

$$ e$.5\mathrm{.}55\%$