A firm with a 9 percent cost of capital is considering a project for this year's capital budget The project's expected after ax cash flows are as follows: Year: Cash flow: -$15,000 S7400 S5,600 S5,600 $4,700 Calculate the project's intemal rate of retum (IRR). Select one: a 22.13% b, 55.33% c, 11.64% d, 27.71% 28.77%