As a capital budgeting analyst, you find a project that requires $$500$ million as an initial investment will provide an estimated cash inflow of $$1500$ million in $4$ years. You estimate the cost of capital to be $10\%$ for this project. Based on this information, what is the IRR of the project?

Answer?

Do not write the symbol $\%.$ Write your answer in this form $0.$XYZV with four$$decimal$$places$.$