QUESTION 8 A firm with a 9 percent cost of capital is considering a project for this year's capital budget. The project's expected after-tax cash flows are as follows: Year: Cash flow: 0 -$8,000 2 $3,800 $2,700 $3,900 $3,800 Calculate the project's internal rate of return (IRR). a. 33.75% 6.15.42% c. 77.50% d. 25.96% e.42.24%