Solo Corp. is evaluating a project with the following cash flows:

Year	CF
0	-$48,000
1	17,000
2	21,900
3	25,400
4	18,000
5	-6,500

Use the discounting approach to determine the MIRR. Assume the discount rate is 8%.

Select one:

A. 15.64%

B. 19.86%

C. 20.32%

D. 20.98%

E. 21.51%