Tanya Sinclair, owner of Sinclair Fine Wine, is considering investing $198, 631 in a temperature-controlled wine storage room. She plans to rent space to customers and expects to generate $44, 913 annually (rental charges less expenses other than depreciation). Your answer is incorrect. Assuming Tanya wishes to evaluate the project with a 7-year time horizon, what is the internal rate of return of the investment? (Ignore taxes.)