30. Consider an investment with an initial purchase price of $150,000 and the following property cash flows:

		Y1	Y2	Y3	Y4
Operating Cash Flow		9,000	9,500	10,000	10,500
Residual Proceeds					165,000
Total		9,000	9,500	10,000	175,500

What is the IRR?

A. 12.1%

B. none of the choices are correct

C. 11.1%

D. 8.7%