Kesko furnishings is looking to acquire a new machine that can create customised window treatments. The equipment will cost $9090 and will generate cash flows of $4,100 over each of the next 3 years of its life. If the companys cost of capital is 15 percent and salvage value of the new machine is $220 what is the marginal internal rate of return on this projects?

a). 19.32%

b). 18.89%

c). 17.12%

d). 15.55%

e). 16.73%