$14.$ Suppose two mutually exclusive projects Messi and Ronaldo one could invest in$.$ Both projects would require an initial investment of $$500,000.$ Project Messi has a one$-$time cash flow next year of $$1,000,000$ whereas project Ronaldo is characterized by a cash flow of $$150,000$ next year. The cash flow will then continue to grow forever at a fixed rate of $2\%.$ The incremental IRR for this project pair comes closest to:

A$)16\%$ B$)18\%$ C$)20\%$ D$)22\%$