(IRR of unevencash-flow stream) Microwave OvenProgramming, Inc. s considering the construction of a new plant. The plant will have an initial cash outlay os considering the construction of a new plant. The plant will have an initial cash outlay of $8 Million and will produce cash flows of 3 Million at the end of year1, 4 Million at the end of year2 and 2 million at the end of years 3 through 5 What is the internal rate of return on this newplant?

The internal rate of return on this new plant is %