A person has two investment alternatives, both of which are $15,000. first offers a payment of $5,500 at the end of each of the next four years; on the other hand, the second alternative offers a lump-sum payment of $27,500 at the end of four years. the second alternative offers a lump sum payment of $27,500 at the end of the four years. years. If the AARR = 15%. Calculate the IRR of both alternatives.

a) 19.72% y 13.63%

b) 17.29% y 16.36%

c) 12.79% y 18.36%

d) N.A