Miller Brothers is considering a project that requires an initial investment of $68,700 today and will produce cash inflows of $19,600, $22,300 $27,500, and $15,300 a year for the next four years, respectively . What is the internal rate of return of the project?

a. 9.58%

b. 9.08%

c. 3.97%

d. 5.20%

Miller Brothers is considering a project that requires an initial investment of $68,700 today and will produce cash inflows of $19,600, $22,300, $27,500 and $15,300 a year for the next four years, respectively. What is the internal rate of return of the project? O a. 9.58% Ob 9.08% Oc 3.97% O d. 5.20%