A project has an initial cost of $70,000, expected net cash inflows of $11,000 per year for 8 years, and a cost of capital of 8%. What is the project's MIRR? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to two decimal places. % A project has an initial cost of $70,000, expected net cash inflows of $11,000 per year for 8 years, and a cost of capital of 8%. What is the project's MIRR? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to two decimal places. %