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What is the IRR for the following project if its initial after tax cost is $4,000,000 and it is expected to provide after-tax operating cash

What is the IRR for the following project if its initial after tax cost is $4,000,000 and it is expected to provide after-tax operating cash inflows of $2,800,000 in year 1, $1,900,000 in year 2, $1,700,000 in year 3 and $1,300,000 in year 4?

a. 15.57%

b. 38.60%

c. 13.57%

d. Need the I/Y to compute the IRR

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