MCGila Golf has decided to sell a new line of golf clubs. The clubs wil sell for $940 per set and have a variable cost of $467 per set The company has spent $290.000 for a marketing study that determined the company will sell 89,000 sets per year for seven years The marketing study also determined thot the company will lose sales of 9.050 sets per year of its high-priced clubs. The high-priced clubs sell at $1,370 and have vartable costs of $690. The company will also increase sales of its cheap dubs by 11,700 sets per year The cheap clubs selifor $376 and have variable costs of $168 per set The foced costs each year will be $15,250,000. The company has also spent $2,400,000 on research and development for the new clubs. The plant and equipment required will cost $53,600,000 and will be depreciated on a straight-line basis The new clubs will also require an increase in net working capital of $4,075,000 that the NPV, and the IRR: Note: Do not found intermedlate calculations ond round your answers to 2 decimal ploces, e.g., 32.16. Enter your IRR answer as a percent