(Calculating IRR, payback, and a missing cash flow) The Merriweather Printing Company is trying to decide on the merits of constructing a new publishing facility The project is expected to provide a series of positive cash flows for each of the next four years. The estimated cash flows associated with this project are as follows: Year Project Cash Flow 1 $790,000 410,000 310,000 470.000 If you know that the project has a regular payback of 2.7 years, what is the project's IRR? The IRR of the project is % (Round to two decimal places.)