6. You are trying to quickly determine an IRR of a project. For this project, it can be purchased all cash for $4,000,000. Your company has a maximum holding period of 5 years. You think the sales price will be $4,200,000 at the end of the hold period. The cash flows are as follows: 1. 250,000 2. 150,000 (renovation year) 3. 350,000 4. 375,000 5. 400,000