Thom Corporation is considering an investment opportunity with the following expected net cash inflows: Year 1, $255,000; Year 2, $360,000; Year 3, $380,000. The company uses a discount rate of 12%, and the initial cost of the investment is $760,000. Present Value of $1: 10% 11% 12% 13% 14% 15% 1 0.909 0.901 0.893 0.885 0.877 0.870 2 0.826 0.812 0.797 0.783 0.769 0.756 3 0.751 0.731 0.712 0.693 0.675 0.658 4 0.683 0.659 0.636 0.613 0.592 0.572 5 0.621 0.593 0.567 0.543 0.519 0.497 The IRR of the project will be: A. between 12% and 13% B. between 13% and 14% O C. more than 12% OD. less than 12%