Question 12 Not yet saved Marked out of 1.00 Strange Manufacturing Company is purchasing a production facility at a cost of $21 million. The company expects the project to generate annual cash flows of $7 million over the next five years. Its cost of capital is 18 percent. What is the internal rate of return on this project? (Round to the nearest percent.) HINT: Use a financial calculator or the Excel function: =IRR(values, [guess]) P Flag question Select one: O A. 17% B. 18% O C. 19% O D. 20%