#$6$C $($IRR$)$

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Question $2(1$ point$)$

Deep Waters, Inc. is using the internal rate of return $($IRR$)$ when evaluating projects. Find the IRR for the company's project. The initial outlay for the project is $$397,200.$ The project will produce the following after$-$tax cash inflows of

Year $1$: $144,400$

Year $2$: $89,500$

Year $3$: $189,600$

Year $4$: $172,000$

Round the answer to two decimal places in percentage form. Write the percentage sign in the "units" box$)$