The net present value (NPV) method assumes that cash inflows from a project are reinvested at a the risk-free rate b. the WACC Oc0%. d. the IRR A fimm with a 9.5 percent cost of capital is considering a project for this year's capital budget. The project's expected after-tax cash flows are as follows Year 1 2 3 4 Cash flow -- $14,000 56,000 $5.700 55,500 55.900 Calculate the project's internal rate of retum (RO) 65.00 18.96 3233% 13149 23.70