Question $19$

$5$ pts

Ingram Electric is considering a project with an initial cash outflow of $$800,000.$ This project is expected to have cash inflows of $$350,000$ per year in years $1,2,$ and $3.$ The company has a WACC of $7\mathrm{.}65\%$ which is used as its reinvestment rate. What is the project's modified internal rate of return $($MIRR$)?$

Your answer should be between $11\mathrm{.}00$ and $13\mathrm{.}72,$ rounded to $2$ decimal places, with no special characters.