The following table represents the cash inflows of a boutique for nine years. The applicable interest rate is 11,59% per year. The present value of the cash outflows is R95 000.

Year	Cash inflow (R)
3	45 000
6	90 000
9	115 000

The MIRR is

A.

31,90%.

B.

38,06%.

C.

41,91%.

D.

14,72%.