Tall Trees, Inc. uses the modified internal rate of return (MIRR) when evaluating projects. The company is able to reinvest cash flows received from the projects at an annual rate of 12.6 percent. What is the MIRR of a project if the initial costs are $1898000 and the project life is estimated as 10 years? The project will produce the same after tax cash inflows of 577800 per year at the end of the year