An income$-$producing property is priced at $$550,000$ and is expected to generate the following after$-$tax cash flows: Year $1$: $$50,000$; Year $2$: $$55,000$; Year $3$: $$60,000$ and $$600,000.$ Calculate the annual IRR for this investment opportunity.An income$-$producing property is priced at $$550,000$ and is expected to generate the

following after$-$tax cashflows: Year $1$: $$50,000$; Year $2$: $$55,000$; Year $3$: $$60,000$; and Year

$4$: $$600,000.$

Calculate the annual IRR for this investment opportunity.

$9\mathrm{.}76$ percent

$9\mathrm{.}52$ percent

$10\mathrm{.}00$ percent

$10\mathrm{.}28$ percent