Find the modified internal rate of return (MIRR) for your client for the following series of future cash flows if your client is able to reinvest cash flows received from the investment at an annual rate of 11.22 percent. The initial investment at the beginning of the first year is $344,700.

Year 1: $137,800

Year 2: $151,500

Year 3: $184,800

Year 4: $138,400

Year 5: $128,700

Round the answer to two decimal places in percentage form. (Write the percentage sign in the "units" box)