A project is expected to generate CFAT of ? 3,56,000. Other data relating to project are as

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A project is expected to generate CFAT of ? 3,56,000. Other data relating to project are as follows:
Useful life = 6 years.
Risk free rate = 8%
Certainty factor = 0.9
Tax rate = 35%
Initial investment = ? 12,00,000.
Depreciation Method = SLM.
Calculate risk adjusted IRR of the project using rates of 8% & 16%.
(A) 14.62%
(B) 18.51%
(C) 16.47%
(D) 15.49%