Problem 5-34 (algorithmic) Question Help * The world's largest carpet maker has just completed a feasibility study of what to do with the 16,000 tons of overruns, rejects, and remnants it produces every year. The company's CEO launched the feasibility study by asking, why pay someone to dig coal out of the ground and then pay someone else to put our waste into a landfil? Why not just burn our own waste? The company is proposing to build a $9-million power plant to bun its waste as fuel, thereby saving $2.5 million a year in coal purchases. Company engineers have determined that the waste-burning plant will be $5.5 million. y sound, and after its three-year study period the plant can be sold to a local electric utility for The IRR is% (Round to one dermal place.)