Kiley Electronics is considering a project that has the following cash flow data. What is the project's IRR and should the project be accepted? The firm's cost of capital is 8%.

Year	0	1	2	3
Cash flows	-$1,100	$350	$470	$490

Question 14 options:

	10.76% and accept the project
	8.76% and accept the project
	8.76% and reject the project
	13.31% and reject the project
	10.76% and reject the project
	13.31% and accept the project