A company is considering an iron ore extraction project that requires an initial investment of $1,100,000 and will yield annual cash inflows of $676,507 for two years. The company's discount rate is 9% Calculate IRR Present value of ordinary annuity of $1: 10% 12% 1 2 14% 15% 0.909 0.893 0.877 0.870 1.736 1.690 1.647 1.626 1.605 1.566 1.528 3 2.487 2.402 2.322 2.283 2.246 2.174 2.106 4 3:170 3.037 2.914 2.855 2.798 2.690 2.589 16% 18% 20% 0.862 0.847 0.833 OA. 17% B. 13% OC. 15% OD. 14%