Year

Cash flow

Yr $0$

$(31,762,500\mathrm{.}00)$

Yr $1$

$6,122,500\mathrm{.}00$

Yr $2$

$9,612,500\mathrm{.}00$

Yr $3$

$12,832,500\mathrm{.}00$

Yr $3$

$(3,500,000\mathrm{.}00)$

Yr $4$

$12,433,125\mathrm{.}00$

Yr $5$

$12,125,625\mathrm{.}00$

Yr $6$

$15,669,375\mathrm{.}00$

Yr $7$

$17,049,375\mathrm{.}00$

Using the information above calculate the IRR, show all steps and working.