Kindly assist with the following problem.

Jella Cosmetics is considering a project that costs $775,000 and is expected to last for 8 years and produce future cash flows of $200,000 per year.If the appropriate discount rate for this project is 19 percent, what is the project's IRR?

(IRR calculation) Jella Cosmetics is considering a project that costs $775,000 and is expected to last for 8 years and produce future cash ows of $200,000 per year. If the appropriate discount rate for this project is 19 percent, what is the project's IRR? The project's IRR is |:%. (Round to two decimal places.)