For the project show in the following table, calculate the interest rate of return (IRR). Then indicate, for the project, the maximum cost of capital that the firm could have and still find the IRR acceptable.

The projects IRR is ___%. (Round to two decimal places)

The maximum cost of capital that the firm could have and still find the IRR acceptable is ___%. (Round to two decimal places)

Initial investment (CF) Year (1) 1 $80,000 Cash inflows (CF) $20,000 $40,000 $15,000 $20,000 $15,000 2 3 4 5