Suppose you are considering building a sports arena as a business venture. Initially the project will require an capital investment of $150,000 but once the construction is over in a year, it is expected to generate the following cash flow over the next 6 years: Year 1: $20,000 Year 2: $25,000 Year 3: $30,000 Year 4: $35,000 Year 5: $40.000 Year 6: $45,000 of your required rate of return is 10% then what is the IRR of the project? (Round your answer to a two decimal point) fier]