The HHH Corp. has a new automated production line project it is considering. Today's cost of the project is $270,000 and is expected to provide after-tax annual cash flows of $73,356 for ten years (the first $73,356 is one year from today). The firm's management is uncomfortable with the IRR reinvestment assumption and prefers the modified IRR approach. You have calculated a WACC for the firm of 9 percent. What is the project's MIRR? Select the range in which the correct MIRR falls. Round only your final answer to two decimal places). less than 12 percent greater than or equal to 12 percent but less than 13.5 percent. O greater than or equal to 13.5 percent but less than 15 percent O greater than or equal to 15 percent but less than 16.5 percent o greater than or equal to 16.5 percent