Consider the following cash flows:

Year	Cash Flow
0		$	34,000
1			13,600
2			18,100
3			11,000

Required:

What is the IRR of the above set of cash flows? (Do not include the percent sign (%). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Internal rate of return

%