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Error clip frame rate 59940 does not match project fr rt
We have Avid Exp 5.7 Academic Package and shot on the Panasonic 200 in 720 30P stored on a FS-100 Firestore. Finally, we were able to import files into Avid but when we go to play the clip we get the error clip frame rate 59940 does not match project frame rate 2997. Transcode this clip to the current project format before using it.
In the project Type / Format Tab I only get three choices and they are 30iNTSC, 1080i/59.94 and 1080i/59.94 HDV. I have tried them all but I still get the same message. when I tried to transcode the clip, nothing would happen. Please suggest anything I can try to make this footage usable. Thanks.