Traverse Company is considering investing in Project X or Project Y. Project X generates the following cash flows: year zero = 58 dollars (outflow); year 1 = 57 dollars (outflow); year 2 = 267 dollars (inflow). Project Y generates the following cash flows: year zero = 100 dollars (outflow); year 1 = 150 dollars (outflow); year 2 = 350 dollars (inflow). The MARR is 10 %. Compute the External Rate of Return (ERR) of the BEST project. (note1: if your answer is 10.25% then write 10.25 as your answer, not 0.1025) round your answer to two decimal places, and do not include spaces.