A firm has a project with the following cash flows:

Year Cash Flow

$0$$ $28,300$

$112,300$

$215,300$

$311,300$

The appropriate discount rate is $14$ percent. What is the IRR for this project?

A firm has a project with the following cash flows:

The appropriate discount rate is $14$ percent. What is the IRR for this project? $($Do not

round intermediate calculations and enter your answer as a percent rounded to $2$

decimal places, e$.$g$.,32\mathrm{.}16.$