Please use a financial calculator as well as demonstrate the steps. Thank you!

Caspian Sea Drinks is considering buying the J-Mix 2000 . It will allow them to make and sell more product. The machine cost $1.87 million and create incremental cash flows of $430,404.00 each year for the next five years. The cost of capital is 8.38%. What is the internal rate of return for the J-Mix 2000? Answer format: Percentage Round to: 2 decimal places (Example: 9.24%,% sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))