A project will generate annual cash flows of $$237,600$ for each of the next three years, and a cash flow of $$274,800$ during the fourth year. The initial cost of the project is $$751,600.$ What is the internal rate of return of this project?

Multiple Choice

$11\mathrm{.}61\%$

$9\mathrm{.}68\%$

$10\mathrm{.}97\%$

$12\mathrm{.}58\%$

$10\mathrm{.}32\%$