A project requires an initial capital expenditure at time t=0 of 1,766. It then generates constant annual cash flows for the next 20 years of 450 with the first payment due at t=1. After this period, payments grow at a rate of 2% annually and are paid in perpetuit The net present value of this project is 1,493 dollars at an annual discount rate of 14.0%. Given this, the IRR of the project is O a. not enough information O b. equal to 14.0% O c. greater than 14.0% O d. there are multiple IRRs e. less than 14.0%