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value: 1. 10.00 points A firm evaluates all of its projects by applying the IRR rule. A project under consideration has the following cash flows:

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value: 1. 10.00 points A firm evaluates all of its projects by applying the IRR rule. A project under consideration has the following cash flows: Year Cash Flow 0 28,100 12.100 15.100 11.100 If the required return is 15 percent, what is the IRR for this project? (Do not round intermediat calculations. Enter your answer as a percent rounded to 2 decimal places, e.g, 32.16.) IRR

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