Glossimer Thread Company is evaluating an investment that will cost $760,000 and will yield cash inflows of $255,000 in the first year, $325,000 in the second year, and $380,000 in the third and the final year. Use the table below and determine the internal rate of return. Present value of $1: 8% 9% 10% 1 0.926 0.917 0.909 2 0.857 0.842 0.826 3 0.794 0.772 0.751 4 0.735 0.708 0.683 5 0.681 0.65 0.621 The IRR of the project will be 11% 0.901 0.812 0.731 0.659 0.593 12% 0.893 0.797 0.712 0.636 0.567 O A. less than 11% O B. between 10% and 11% O c. less than 10%, more than 11% O D. more than 11%