You plan to invest $1,000 in a project that is expected to have no return for the next five years. In the 6th and 7th year you expect to receive $1,000 and in the 8th year you expect to receive $500. What is the Internal Rate of Return you expect to receive on this investment? (Round your IRR answer to 2 decimal palces (e.g., 32.16)

IRR

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