You want to start an organic garlic farm. The farm costs $190,000, to be paid in full immediately. Year 1 cash inflow will be $25,000, growing at a 5% annual rate thereafter until the end of year 5. At that point, you anticipate selling the farm for $300,000 (at the end of year 5 you get both the last cash inflow from operations and from selling the farm). What is the IRR of your garlic farm investment? Round to the tenth of a percent (e.g. 5.6%=5.6). [Hint: You'll need to solve this using Excel's IRR function or using a financial calculator. If using Excel, make sure the IRR cell is set to show several decimal places instead of a whole number.]