A project has the cash flows given in the table below. The project has required rate of return of 12 percent and Net Present Value (NPV) of $27,800.78. Calculate the project's internal rate of return (IRR). Year Cash Flow 0 Not Given $46,000 2 $46,000 3 $53,000 4 $53,000 5 $53,000 OA 13.22 percent OB. 22.37 percent C. 1 8.94 percent D. 16.91 percent Year Cash Flow 0 $13,700 6,100 9,100 3 6,300 2 What is the IRR of the set of cash flows shown above? OA. 26.11 percent B. 19.27 percent C. 15.08 percent D. 11.79 percent