Billabong Tech uses the internal rate of retum (IRR) to select projects Calculate the IRR for each of the following projects and recommend the best project based on this meae Project T-Shirt requires an initia investment of $15.687 and generates cash infows of 38.000 per year for 4 years Project Board Shorts requires an initial investment of $21.067 and produces cash infows of $10,000 per year for 5 years The IRR of project T-Shirts Round to two decimal places The IRR of project Board Shortsis Round to two decimal place) Based on the internal rate of return, which project should the firm choose? (Select the best awer below) Project Board Shorts O Project T Shirt