Question: Datta Computer Systems is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's projected IRR

Datta Computer Systems 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.

Year 0 1 2 3

Cash flows -$1,030 $410 $430 $450

a. 8.41%

b. 11.95%

c. 26.66%

d. 7.79%

e. 25.24%

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