(CH9 Problem 14) Adam, Inc. is contemplating the purchase of a new $632,000 computer- based order entry system. The system will be depreciated straight-line to zero over its 8-year life. It will be worth $78,900 at the end of that time. You will save $243,100 before taxes per year in order processing costs, and you will be able to reduce working capital by $45,200 at the beginning of the project. Working capital will revert back to normal at the end of the project. If the tax rate is 38 percent, what is the IRR for this project? Do not round intermediate computations. Round your final answer to the nearest basis point (.e. xx.xx%)