The Caffeine Coffee Company uses the modified internal rate of return. The firm has a cost of capital of 8 percent. The project being analyzed is as follows ( $39,000 investment): Use Appendix A and A ppendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. What is the modified internal rate of return? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)