(IRR calculation) Jella Cosmetics is considering a project that costs $775,000 and is expected to last for 9 years and produce future cash flows of $160,000 per year. If the appropriate discount rate for this project is 14 percent, what is the project's IRR? The project's IRR is %. (Round to two decimal places.) (IRR of an uneven cash flow stream) Microwave Oven Programming, Inc. is considering the construction of a new plant. The plant will have an initial cash outlay of $8.1 million ( = - $8.1 million), and will produce cash flows of $3.6 million at the end of year 1, $5.6 million at the end of year 2, and $1.7 million at the end of years 3 through 5. What is the internal rate of return on this new plant? The IRR of the project is %. (Round to two decimal places.)