Longfellow Partners is considering a project with an initial cost of $118,400. The project's cash inflows for years 1 through 3 are $54,600, $37,200, and $45,900, respectively. What is the internal rate of return (IRR) of this project? O 7.68 percent 8.24 percent 7.48 percent 8.52 percent O9.16 percent