XTA Limited Is Planning a Capital Investment

XTA Limited is planning a capital investment. Using a discount rate of 14%, the company has determined that its proposed investment project has a negative net present value of - £2,530. Using a discount rate of 10%, the company has determined that its proposed investment project will have a positive net present value of £22,468. Given the above net present value calculations, what is the internal rate of return of the proposed investment project to two decimal places?

A) 9.55%
B) 10.40%
C) 13.55%
D) 13.60%