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A project has the following cash flows: ) , and ) . The required rate of return is 2 0 % and the NPV of

A project has the following cash flows: ), and ). The required rate of return is 20% and the NPV of this project is $9.72. Suppose the required rate of return changes from 20% to 8.5%, what would be the percentage point change of the IRR of the project?
[Answer: Percentage number. If the answer is 12.34% write either 12.34(number with 2 decimals) or 0.1234(number with 4 decimals). Do not include '%'.]
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