Perform all the steps.

(Related to Checkpoint 11.4) (IRR calculation) Determine the internal rate of return on the following project An initial outliay of $9,500 resulting in a cash inflow of $1,800 at the end of year 1,$4,800 at the end of year 2 , and $7,800 at the end of year 3 This project's internal rate of refum is \% (Round to two decimal places)