4. Given the following information regarding an income producing property, determine the unlevered internal rate of return (IRR). Expected Holding Period: 5 years; 1st year Expected NOI: $89,100; 2nd year Expected NOI: $91,773; 3rd year Expected NOI: $94,526; 4th year Expected NOI: $97,362; 5th year Expected NOI: $100,283; Current Market Value: $885,000; Net Sale Proceeds of Property at end of year 5: $974,700. Use the Trial & Error Method with discount rates of 12% and 13% to determine the IRR between it. A. 12.6% B. 12.2% C. 22.9% D. 33.4%