Question: Marathon Technologies, Inc. is using the modified internal rate of return (MIRR) when evaluating projects. The company is able to reinvest cash flows received from the protect at an annual rate of 14.19 percent. The initial outlay for the project is$415, 800. Find the MIRR for the company's project. The project will produce the following after-tax cash inflows of
Year 1: $236,000
Year 2: $196,900
Year 3: $176,800
Year 4: $233,300
Round the answer to two decimal places in percentage form.