The Steel Factory is considering a project that will produce

annual cash flows of $$43,800,$ $$40,200,$ $$45,700,$ and $$41,800$ over

the next four years, respectively. What is the internal rate of

return if the initial cost of the project is $$127,900?$a$.13\mathrm{.}00$ percentb. $11\mathrm{.}28$ percentc. $12\mathrm{.}24$ percentd. $12\mathrm{.}87$ percent