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(Rolated to Checkpoint 11.4) (IRR calculation) Determine the internal rate of return on the following project: An initial outlay of 39.000 resulting in a cash

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(Rolated to Checkpoint 11.4) (IRR calculation) Determine the internal rate of return on the following project: An initial outlay of 39.000 resulting in a cash inflow of $1,600 at the end of year 1, $5.100 at the end of year 2, and $2.200 at the end of yoar 3 . This project's intemal rato of retum is (Round to two decimal placese)

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