Your division is considering two investment projects, each of which requires an up-front expenditure of $15 milion. You estimate that the investments will produce the following net cash flows: Year 1 2 3 Project A 4,000,000 16,000,000 22,000,000 Project B 28,000,000 7,000,000 -5,000,000 The cost of capital is 12%. What is the IRR of Project B? 52.32% 55.6916 115.50% There is no single IRR for Project B. 82.039