Microwave Oven Programming, Inc is considering the construction of a new plant. The plant will have an initial cash outlay of $7 million (= -$7 million), and will produce cash flows of $2.9 million at the end of year 1, $5 million at the end of year 2, and $2 million at the end of years 3 through 5. What is the internal rate of return on this new plant?