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Your firm has a project opportunity with the following cash flows: - $ 1 , 2 0 0 , 0 0 0 in Year 0

Your firm has a project opportunity with the following cash flows: -$1,200,000 in Year 0, $150,000 in Year 1, $295,000 in Year 2, $875,000 in Year 3, and $390,000 in Year 4. Your firms WACC is 12%. What would be the IRR of the project?
A)12%
B)13.32%
C)15.89%
D)18.60%
E) There is not enough information to answer this question

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