QUESTION 9 A project has an initial cost of $58,200 and is expected to produce cash inflows of $20,000, $28,100, and $45,400 over the next 3 years, respectively. What is the project's internal rate of return? 16.25 percent 18.31 percent 24.02 percent 25.64 percent QUESTION 10 Which one of the following statements related to the internal rate of return is correct