$4\mathrm{.}0$

You have been offered a very long$-$term investment opportunity to increase your money one hundredfold. You can invest $$900$ today and expect to receive $$90,000$ in $40$ years. Your cost of capital for this $($very risky$)$ opportunity is $16\%.$ What does the IRR rule say about whether the investment should be undertaken? What about the NPV rule? Do they agree?

The IRR of this investment opportunity is $\%.($Round to two decimal places.$)$