Question 15. All information is attached please comment if you need anything else. Thank you for the assistance.

The Caffeine Coffee Company uses the modified internal rate ot returm The firm nas a cost of capital of 8 percent The project being analyzed is as tollows ($36,000 investment): use Appendix A and Appendix B for an approximate answer but calculate your final answer using the tormula and financial calculator methods. Year Cash Flow $19,000 17,000 13,000 What is the modified internal rate ot return? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Internal rate of return