Assume an investor deposits $117,000 in a professionally managed account. One year later, the account has grown in value to $130,000 and the investor withdraws $32,000. At the end of the second year, the account value is $108,000. No other additions or withdrawals were made. Calculate dollar-weighted return of portfolio over two years. (You need to calculate IRR of cash flows over two years.)

Round the answer to two decimals in percentage form.

Please write % sign in the units box.