Acme is considering developing an office building and selling it in the future. They forecast: At year 0 it will cost them $500,000 to buy the land At year 1 it will cost them $600,000 to develop At year 2 it will cost them $700,000 to develop At year 3 they will sell it for $2,500,000 Find IRR of this project. 18.40% 15.60% 21.30% 14.60%