Help Save & Exit Submit 2 Harris Teeter Corporation is considering an expansion project with an initial cost of $196,500. Harris Teeter forecasts that the project will not produce any cash flows for the first year. Starting in Year 2, Harris Teeter expects that the project will produce cash inflows of $127,500 a year for three years. This project is risky, so Harris Teeter has determined the appropriate discount rate Is 15.5 percent. What is the project's internal rate of return? Round your answer and enter It as a decimal to 2 places. Do NOT use a % sign. For example, if the answer is 12.34%, enter your 00:29:59 answer as .12