Bellinger Industries is considering two projects for inclusion in its capital budget, and you have been asked to do the analysis. Both projects' after-tax cash flows are shown on the time line below. Depreciation, salvage values, net operating working capital requirements, and tax effects are all included in these cash flows. Both projects have 4-year lives, and they have risk characteristics similar to the firm's average project. Bellinger's WACC is 7%.

0		1		2		3		4
Project A	-1,150		650		420		220		270
Project B	-1,150		250		355		370		720 What is Project A's MIRR? Round your answer to two decimal places. Do not round your intermediate calculations.