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

$1,100

$450

$470

$490

a.

11.98%

b.

9.70%

c.

14.64%

d.

13.31%

e.

10.78%

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