Use the Following Information to Answer the Question(s)below

Multiple Choice

Use the following information to answer the question(s) below.
You are considering investing in a start-up project at a cost of $100,000.You expect the project to return $500,000 to you in seven years.Given the risk of this project,your cost of capital is 20%.
-The IRR for this project is closest to:

A) 15.60%.
B) 18.95%.
C) 20.00%.
D) 25.85%.