Aldoris Corporation is planning to invest P600,000 in a 5-year project. The project is expected to produce annual net cash inflows, net of income taxes, of P150,000. The company's desired rate of return for investment projects of this type is 10%. Information on present value factors is as follows: 4% PV of P1 for 5 periods. 0.822. PV of an annuity of P1 for 5 periods. 4.452 6% 0.747. 4.212 1. What is the exact IRR for this investment project? 8% 10% 0.681 0.621 3.993 3.791