You are considering a new project that has an initial capital outlay (today) of $100 and the project makes $30 of free cash flow each year for 5 years (i.e., it makes $30 FCF each year from t=1 to t=5). If the cost of capital (i.e., the required rate of return or discount rate) is 10%, what is the IRR of the project? Record your answer with four decimal points (for example, use 0.1554 NOT 15.54 or 15.54%).