There are four mutually exclusive projects, Project $1,$ Project $2,$ Project $3,$ and Project $4,$ whose internal rates of return $($IRR$)$ are $4\%,19\%,12\%,$ and $14\%$ respectively. A company wants to invest in one of these projects. Based on the given information, which of the following projects should the company invest in$?$

a$.$ Project $2$

b$.$ Project $3$

c$.$ Project $4$

d$.$ Project $1$