Kirklin Clinic is evaluating a project that costs $$75,000$ and has expected net cash inflows of $$12,500$ per year for nine years. The first inflow occurs one year after the cost outflow, and the project has a cost of capital of $11\%.$ What is the project's IRR? $($hint: remember to put the answer as a percentage$)$

$19\mathrm{.}0\%$

$13\mathrm{.}5\%$

$9\mathrm{.}0\%$

$5\mathrm{.}4\%$