$($Related to Checkpoint $11\mathrm{.}6)($MIRR calculation$)$ Emily's Soccer Mania is considering building a new plant. This project would require an initial cash outlay of $$11$ million and would generate

annual cash inflows of $$2\mathrm{.}5$ million per year for years one through four. In year five the project will require an investment outlay of $$4\mathrm{.}5$ million. During years $6$ through $10$ the project will provide cash

inflows of $$4\mathrm{.}5$ million per year. Calculate the project's MIRR, given a discount rate of $13$ percent.

The MIRR of the project with a discount rate of $13\%$ is

$\%.($Round to two decimal places.$)$