Current Attempt in Progress Management of Cullumber, Inc., an aviation firm, is considering purchasing three aircraft for a total cost of $157,028,832. The company would lease the aircraft to an airline. Cash flows from the proposed leases are shown in the following table. Years Cash Flow 1-4 5-7 8-10 $27,015,000 61,490,000 72,150,000 What is the IRR of this project? (Round answer to 2 decimal places, e.g. 15.25%.) The IRR of this project is %

Management of Cullumber, Inc, an aviation firm, is considering purchasing three aircraft for a total cost of $157,028,832. The company would lease the aircraft to an airline. Cash flows from the proposed leases are shown in the following table. What is the IRR of this project? (Round answer to 2 decimal places, e.s. 15.25\%.) The IRR of this project is %