9-9A. (Internal rate of return calculations) Given the following free cash flows, determine the internal rate of return for the three independent projects A, B, and C.

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PROJECT A PROJECT B PROJECT C Initial Investment: -$50,000 -$100,000 -$450,000 Cash Inflows: Year 1 $10,000 $ 25,000 $200,000 Year 2 15,000 25,000 200,000 Year 3 20,000 25,000 200,000 Year 4 25,000 25,000 Year 5 30,000 25,000