Aferin Electric is evaluating a new project. The initial investment required is $88,708.88 and the cost of capital is 8%. Expected cash flows over the next four years are given below: Years Cash Flow (S) 1 5.000 2 50,000 3 30.600 14 39,000 What is the IRR of the project? 12.2% O 13.8% 12.196 O 13.0% O 13.7%