S 9 Question 1 0.86 pts A project costs $4,769,500 initially and produces the following cash flows: $1,000,000 at the end of year 1; $1,500,000 at the end of year 2; $1,860,000 at the end of year 3; and $2,000,000 at the end of year 4. Calculate the project's internal rate of return. O 11.23 percent O 9.76 percent O 12.99 percent O 10.11 percent A C

A project costs $4,769,500 initially and produces the following cash flows: $1,000,000 at the end of year 1;$1,500,000 at the end of year 2;$1,860,000 at the end of year 3; and $2,000,000 at the end of year 4 . Calculate the project's internal rate of return. 11.23 percent 9.76 percent 12.99 percent 10.11 percent