Project K costs $75,000, its expected cash inflows are $10,000 per year for 8 years, and its WACC is 9%. What is the project's MIRR? Round your answer to two decimal places.?
______%
Project K costs $55,000, its expected cash inflows are $13,000 per year for 8 years, and its WACC is 14%. What is the project's payback? Round your answer to two decimal places.?
_______years