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Deep Waters, Inc. is using the internal rate of return (IRR) when evaluating projects. Find the IRR for the companys project. The initial outlay for

Deep Waters, Inc. is using the internal rate of return (IRR) when evaluating projects. Find the IRR for the companys project. The initial outlay for the project is $406,600. The project will produce the following after-tax cash inflows of

Year 1: 143,600

Year 2: 149,800

Year 3: 170,600

Year 4: 155,500

Round the answer to two decimal places in percentage form.

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