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McGilla Golf has decided to sell a new line of golf clubs. The clubs will sell for $$815$ per set and have a variable cost of $$365$ per set. The company has spent $$150,000$ for a marketing study that determined the company will sell $55,000$ sets per year for seven years. The marketing study also determined that the company will lose sales of $10,000$ sets of its high$-$priced clubs. The high$-$priced clubs sell at $$1,345$ and have variable costs of $$730.$ Thelcompany will also increase sales of its cheap clubs by $12,000$ sets. The cheap clubs sell for $$445$ and have variable costs of $$210$ per set. The fixed costs each year will be $$9\mathrm{.}45$ million. The company has also spent $$1$ million on research and development for the new clubs. The plant and equipment required will cost $$39\mathrm{.}2$ million and will be depreciated on a straight$-$line basis. The new clubs will also require an increase in net working capital of $$1\mathrm{.}85$ million that will be returned at the end of the project. The tax rate is $25$ percent, and the cost of capital is $10$ percent. Calculate the payback period, the NPV$,$ and the IRR.

Note: Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$ Enter the IRR as a percent.

$\backslash$table$[[$Payback period,,years$],[$Net present value,,$],[$Internal rate of return,,$\%$