Question: A project that has the following cash flow data. What is the project's IRR? Year 0 1 2 3 4 Cash flows -$1200 $300 $300
A project that has the following cash flow data. What is the project's IRR?
| Year | 0 | 1 | 2 | 3 | 4 |
| Cash flows | -$1200 | $300 | $300 | $400 | $400 |
| a. | 2.03% | |
| b. | 6.25% | |
| c. | 5.46% | |
| d. | 6.09% | |
| e. | 6.89% |
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