22. Chapter MC, Section 10, Problem 065 Kiley Electronics is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can be less than the cost of capital (and even negative), in which case it will be rejected. Year Cash flows Ca. 9.70% Ob. 10.78% Oc. 11.98% Od. 14.64% Oe. 13.31% 0 -$1,100 1 $450 2 $470 3 $490