PVoA Factors: $5$ periods at $5\%$: $4\mathrm{.}329$; $5$ periods at $4\%$: $4\mathrm{.}452$;

$5$ periods at $3\%$: $4\mathrm{.}717$; $5$ periods at $2\%$: $4\mathrm{.}81.$

Initial Cash Outflow at time $0$: $$1,200.$

$5$ annual cash inflows at times $1-5$: $$250.$

WACC: $5\%$

IRR is approximately:

A$.2\%$

B$.3\%$

C$.4\%$

D$.5\%$