Mikelson Communications Equipment, Inc. is considering a modification to its facilities. The project is expected to have the following cash flows. The firm's discount rate (WACC) is 10% Year 0 1 2 3 Cash Flow -16,000 4,500 4,900 5,700 6,725 What is the IRR of the project? Select one: a 12.70 b. 20.01% C1792% d. 23.93% e. 10.69%