A project requires an investment of $7.9 million today and it will generate after-tax cash flows of $2.5 million per year for the next six years. What is the project's internal rate of return? 1) 14.9% 2) 18.8% 3) 22.1% O4) 20.7% 5) 16.7%

A project requires an investment of $7.9 million today and it will generate after-tax cash flows of $2.5 million per year for the next six years. What is the project's internal rate of return? 1) 14.9% 2) 18.8% 3) 22.1% 4) 20.7% 5) 16.7%