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Eilabong Tech uses the intemal rate of refom (PRRY to select projects: Calculate the IFR for each of tho following projects and recommend the best project based on this measure Projoct F-Shirt requires an inifial inwestrent of 513.000 and generates cash inlons of $8,000 per year for 3 years Propect Board Shorts requires an initial investment of 519.333 and produces cash infilows of 511,500 per year for 4 years The IPRR of project T.Shirt is 5 (Pound fo two decimal places) The IRR of project Board Shorts is \% (Round io two decinal placest) Based on the inemal rate of retirn. which profect should the firm choose? (Select the best anower below) ProjectT-5Thil Projed boand shors