A Real Estate Company is planning to invest in a new development. The cost of the project will be $23 million and is expected to generate cash fows of $14,000,000, $11.750,000 and $8.350,000 over the next three years. The company's cost of capital is 20 percent. What is the intemal rate of return on this project? Do not rourd intermediate computations, Round final answer to the nearest percent 36% 22% 18% 27%