Yellow Day has a project with the following cash flows:

Year |Cash Flows

0 $26,400

1 10,250

2 17,900

3 9,360

4 3,300

What is the MIRR for this project using the reinvestment approach? The interest rate is 9 percent

Multiple Choice

15.78%

14.73%

12.62%

11.93%

9.95%