A firm evaluates all of its projects by applying the IRR rule. The current proposed project has cash flows of $17,048, $6,850, $5,700, and $9,300 for Years 0 to 3, respectively. The required return is 18 percent. What is the project IRR? Should the project be accepted or rejected?

A. 9.63%

B. 9.23%

C. 12.75%

D. 10.15%

E. 10.69%