As a capital budgeting director for ABC company, you are evaluating the construction of a new plant. The plant has a net cost of $5 million in year 0, and it will provide net cash inflows of $1 million in year 1, $1.5 million in year 2, and $2 million in years 3 through 5. As a first approximation, you may assume that all cash flows occur at year-end. Within what range is the plant's IRR?