Marathon Technologies, Inc is using the modified internal rate of return (MIRR) when evaluating projects. The company is able to reinvest cash flows recieved from the project at an annual rate of 1.18 percent. The inital outlay for the project is $462,300. Find the MIRR for the company's project. The project will produce the following after-tax cash inflows of Year 1: $280,600 Year 2: $200,000 Year 3: $234,500 Year 4: $194,00 Round the answer to two decimal places in percentage form.