You are considering the following three mutually exclusive projects. The required rate of return for all three projects is 14%.

Year A B C

0 $ (1,000) $(5,000) $(50,000)

1 $ 300 $ 1,700 $ 0

2 $300 $ 1,700 $15,000

3 $ 600 $1,700 $ 28,500

4 $300 $1,700 $ 33,000

What is the IRR of the best project? % terms to 2 decimal places w/o % sign