(Related to Checkpoint 11,4) (IRR calculation) Determine the internal rate of retum on the following project: An initial outlay of $11,000 resulting in a cash inflow of $1,900 at the end of year 1,\$5,200 at the end of year 2, and \$8,200 at the end of year 3. This project's internal rate of return is \%. (Round to two decimal places.)