Suppose that the initial investment is 1000 and the project is expected to generate a cash flow of 1200 in one year. The life time of this project is one year. Compute the exact internal rate of return (IRR) on this project. (Hint: No need for trial and error here. You can find the exact IRR straight from the definition.) Select one: O a. 10% O b.5% O c. 20% O d. 8% O e. 25% 12 WXOC89 MacBook Air