Hosier and Wogan (H&W) is a partnership that owns a small company. It is considering two alternative investment opportunities. The first investment opportunity will have a four-year useful life, will cost $11, 339.02, and will generate expected cash inflows of $3, 500 per year. The second investment is expected to have a useful life of five years, will cost $15, 585.75, and will generate expected cash inflows of $3, 700 per year. Assume that H&W has the funds available to accept only one of the opportunities. (PV of $1 and PVA of $1) (Use appropriate factor(s) from the tables provided.) Required Calculate the internal rate of return of each investment opportunity