What is the IRR?of this investment opportunity if your cost of capital is $8\mathrm{.}6\%.$ Should you make the investment? Calculate the IRR and use it to determine the maximum deviation allowable in the cost of capital estimate to leave the decision unchanged.

The NPV of the project will be $$213\mathrm{.}90$ million. $($Round to one decimal place.$)$

The IRR is

$6.($Round to two decimal places.$)$