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