Zydeco LTD$\text{'}$s management is proposing a new facility with the following cash flows.

Year Cash flow

$0-49\mathrm{.}8$

$110\mathrm{.}3$

$212\mathrm{.}7$

$319\mathrm{.}2$

$426\mathrm{.}1$

The company's hurdle rate is $8\mathrm{.}5\%.$ internal rate of return for the proposed project is closest to:

Question $10$ options:

A$)$

$11\mathrm{.}82\%.$

B$)$

$7\mathrm{.}03\%.$

C$)$

$8\mathrm{.}5\%.$