A clent has mquested advice on a potential investment opportunity involving an income-producing property. Sne would ake you to delembine the intemal rale of return of the investment opportunity based on the following informalion: texpected holding penod: yoars: end of first year NOI estimatie: 365.000; NOI estimates in subseguent years wif grow by 2% per year; price at which the property is expecled to be sold at the end of year 5 : $1,715,205, current markit price of the property $1,375,667. 0.02N 9.087B 9.7E* 0.15%6 1e.54th 3.98%