TL Lumber is evaluating a project with cash flows of -$12,800, $7,400, $11,600, and -$3,200 for years 0 to 3, respectively. Given an interest rate of 8 percent, what is the MIRR using the discounted approach?

A.)13.25 percent B.)14.08 percent

C.) 15.40 percent

D.)14.36 percent

E.) 19.23 percent