Question 3 - IRR (3 point): 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. Year 0 Cash flows -59,500 $2,000 $2,025 $2,050 $2,075 $2,100 Question 4 - Payback Period (3 point): Stern Associates is considering a project that has the following cash flow data. What is the project's payback? Year Cash flows -$1,100 $300 $310 $340 $320 $340 Questions - Discounted Payback Period 14 points]: Fernando Designs is considering a project that has the following cash flow data. The required rate of return is 10 percent. What is the project's discounted payback? Year 0 Cash flows -5900 $500 $500 $500