20. Patio Corporation, the largest and the most renowned producer of baby diapers is considering partnership deals with 2 corporations. Escano Inc. and Aster Company to expand its corporations and to improve its efficiency. The partnership projects start up costs equals 15 million. Patio Corporation's finest finance executives, Sofia Villarubin, CFA and Lourdes Bandon, CFA estimated the expected benefits from partnering with the 2 companies. The cash flow forecast after the partnership with the 2 companies are as follows: Aster Inc. Escano Company Forecasts (In Millions) Year 1 Year 2 Year 3 Year 4 Year 5 12 15 14 21 10 17 16 18 24 27 If the company requires 10 percent return on their investments and the projects are mutually exclusive, what is Escano Company's internal rate of return? Round off your answers to four decimal places