A project manager is using the internal rate of return method to make the final decision on which project to undertake. If inflation is 2%, which of these four projects have the highest internal rate of return? Select one: O $150,000 initial outlay with $25,000 per year cash inflows during the following five years $200,000 initial outlay with $100,000 per year cash inflows during the following five years $120,000 initial outlay with $100,000 per year cash inflows during the following five years O $250,000 initial outlay with $50,000 per year cash inflows during the following five years