If the cash flows for Project M are C$0=1,140$

C

$0$

$=$

$$

$1,140$

; C$1=235$

C

$1$

$=$

$235$

; C$2=735$

C

$2$

$=$

$735$

; and C$3=733$

C

$3$

$=$

$733$

$,$ calculate the IRR for the project.

Multiple Choice

$19\mathrm{.}5$ percent

$17\mathrm{.}5$ percent

$15\mathrm{.}5$ percent

$13\mathrm{.}5$ percent