Project L requires an initial outlay at t = 0 of $50,000, its expected cash inflows are $9,000 per year for 9 years, and its WACC is 10%. What is the project's MIRR? Do not round intermediate...

Extracted text: Project L requires an initial outlay at t = 0 of $50,000, its expected cash inflows are $9,000 per year for 9 years, and its WACC is 10%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places. %