Gladeer Company is evaluating an investment that will cost $520,000 and will yield cash flows of $300,000 in the first year, $200,000 in the second year, and $100,000 in the third and final year. Use the tables below and determine the internal rate of return. Present value of $1: The IRR of the project will be: between 9% and 10%. less than 8% less than 9%, more than 8% more than 10%