Your firm is looking to invest in a project that has expected cashflows of $191,974.49 in the first year, they plan to close the project at that time. To start the project there is an initial investment of $184,946.52, and salvage value is expected to be 20% of the original investment (a cash-inflow in year 1). The firm has a weighted average cost of capital (WACC) of 13.80%, but it wants to know at what rate of discount is NPV = 0 (ignore taxes)? a. 13.80% b. 23.80% c. 47.60% d. 11.90%