A project requires an inwestment of $1500 today. it pays $200 in 50 days, $400 in 100 days, $500 in 150 days, $800 in 200 days. So a payment is issued every 50 days. Suppose that you can borrow at 5% p.a. compounded annually and reinvest your cash at 6% p. a. compounded annualy. Note: 50 days is not a year. The modified IRR of this project is \% per annum, compounded annually