9. Maxwell Feed & Seed is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's projected IRR can be less than the WACC (and even negative), in which case it will be rejected. 0 -$8,750 1 $2.000 2. $2,025 3 $2,050 4 $2,075 5 $2,100 Year Cash flows a. 4.98% 6.5.47% c. 5.20% d. 4.32% e. 6.45% 11. Masulis Inc. is considering a project that has the following cash flow and WACC data. What is the project's discounted payback? WACC: 10.00% Year 1 Cash flows -$1,200 $525 a. 2.96 years b. 2.70 years 2 $485 3 $445 4 $405 F.ge 3 c. 3.50 years d. 3.41 years e. 3.14 years