$22.$ Simms Corp. 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 or negative, in both cases it will be rejected. Year$0123$ Cash flows$-$$$1,375$$$425$$$425$$$425$ a$.2\mathrm{.}84\%$ b$.3\mathrm{.}20\%$ c$.3\mathrm{.}83\%$ d$.3\mathrm{.}61\%$ e$.3\mathrm{.}68\%$